The value of a currency appreciated by 19.70% of its value last month and then depreciated by 19.70% this month. By what percent did the currency appreciate or depreciate over the 2-month period? Express the answer with a positive sign (for appreciation) or negative sign (for depreciation), rounded to two decimal places
The value of a currency appreciated by 19.70% of its value last month and then depreciated by 19.70% this month. By what percent did the currency appreciate or depreciate over the 2-month period? Express the answer with a positive sign (for appreciation) or negative sign (for depreciation), rounded to two decimal places
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 26E
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