Question 1
The graph shows the level of subsidized daycare spending in a foreign country for the period 1995-1999. Use the graph to answer the question.
Find the percent increase in daycare spending from 1995 to 1996. Round to the nearest percent.
◦ 12%
◦ 0.11%
◦ 11%
◦ 13%
Question 2
Suppose that you invest $5000 in a risky investment. At the end of the first year, the investment has decreased by 70% of its original value. At the end of the second year, the investment increases by 80% of the value it had at the end of the first year. Your investment consultant tells you that there must have been a 10% overall increase of the original $5000 investment. Is this an accurate statement? If not, what is your actual percent gain or loss on the original $5000 investment. Round to the nearest percent.
◦ A 10 % increase of the original investment is not correct. The true result is a gain of 45%.
◦ A 10 % increase of the original investment is not correct. The true result is a loss of 45%.
◦ A 10 % increase of the original investment is not correct. The true result is a loss of 46%.
◦ A 10 % increase of the original investment is correct.
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Effect of Increasing the Investment Rate on the Steady State
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...