At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Join our platform to connect with experts ready to provide detailed answers to your questions in various areas. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

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?​