A person has invested some amount in the stock market. At the end of thefirst year the amount has grown by 25 percent profit. At theend of the second year his principal has grown by 40 percent and in the third year, there was a decline of 20%. What is the average rate of increase of his investment during the three years?

A person has invested some amount in the stock market. At the end of thefirst year the amount has grown by 25 percent profit. At theend of the second year his principal has grown by 40 percent and in the third year, there was a decline of 20%. What is the average rate of increase of his investment during the three years?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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