Hello Thanks for stopping by, I am trying to determine the percentage of time I will have a positive return on my investment. Here are the details.
25% chance that I will lose (12,435)
50% chance I will make only 3,463
25% chance I will make 19,360
What percentage of time will I make a positive return on my money, means more than 0 dollars... Any advice would be much appreciated
2006-11-03 11:19:02 · 2 answers · asked by Financial Guru 1 in Business & Finance ➔ Personal Finance
Add up the percentages of chances that you will make money.
2006-11-03 11:21:51 · answer #1 · answered by romulusnr 5 · 0⤊ 0⤋
...chance that you will lose or make these amounts over what period of time?
If just using the numbers you give without the information mentioned in the previous sentence, you'll make money 25% + 50% of the time, or 75% of the time, and will lose 25% of the time - but that sounds awfully obvious, so I'd guess the question is asking something more than that.
2006-11-03 20:47:50 · answer #2 · answered by Judy 7 · 0⤊ 0⤋