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What rate of return in the second year of an investment is required to break even after a 64% loss in the first year?

2006-09-28 12:25:53 · 1 answers · asked by Anonymous in Science & Mathematics Mathematics

1 answers

277% 36 back to 100
again:

$100 item fall 64% to 36
$36 item must rise about 277% or 2.77 times to get back 100

100/36

2006-09-28 12:47:43 · answer #1 · answered by CHAZ2006 3 · 0 0

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