Question

Suppose that you have

​$10 comma 00010,000

in a rather risky investment recommended by your financial advisor. During the first​ year, your investment decreases by

4040​%

of its original value. During the second​ year, your investment at the end of year one increases by

5050​%.

Your advisor tells you that there must have been a

1010​%

overall increase of your original

​$10 comma 00010,000

investment. Is your financial advisor using percentages​ properly? If​ not, what is your actual percent gain or loss of your original

​$10 comma 00010,000

​investment?

Select the correct choice below and fill in the answer boxes to complete your choice.

​(Type a whole​ number.)

A.​No, there is an actual percent

lossloss

of

nothing​%

B.​No, there is an actual percent

gaingain

of

nothing​%

C.​Yes, there is an actual percent

gaingain

of

nothing​%

D.​Yes, there is an actual percent

lossloss

of

nothing

Answer 1