Question

You invest $5,175.00 in a stock plan. It increases 9% the first year, and then loses 5% of its value the second year. What is your gain compared to your original investment?

Answer 1

First year increases by 9%
5,175×(1+0.09)
=5,640.75
Second year decreases by 5%
5,640.75×(1−0.05)
=5,358.71

Answer 2

Answer:

183.71 is the answer

Step-by-step explanation: