An investor has an account with stock from two different companies. Last year, his stock in Company A was worth $5600 and his stock in Company B was worth $7080. The stock in Company A has increased 20% since last year and the stock in Company B has increased 5%. What was the total percentage increase in the investor's stock account? Round your answer to the nearest tenth (if necessary).
An investor has an account with stock from two different companies. Last year, his stock in Company A was worth $5600 and his stock in Company B was worth $7080. The stock in Company A has increased 20% since last year and the stock in Company B has increased 5%. What was the total percentage increase in the investor's stock account? Round your answer to the nearest tenth (if necessary).
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 50E
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