Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Get immediate answers to your questions from a wide network of experienced professionals on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Suppose that you have $14,000 in a rather risky investment recommended by your financial advisor. During the first year, your investment decreases by 70% of its original value. During the second year, your investment at the end of year one increases by 80%. Your advisor tells you that there must have been a 10% overall increase of your original $14,000 investment. Is your financial advisor using percentages properly? If not, what is your actual percent gain or loss of your original $14,000 investment?​

Sagot :

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.