The value of your stock investment decreased by 30 % after a stock market crash. What percentage increase in value would the stocks have to rise inorder to return to the value they were before the stock market crash? Round your answer to the nearest tenth of a percent.

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Answered: The value of your stock investment…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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The value of your stock investment decreased by 30 % after a stock market crash. What percentage increase in value would the stocks have to rise in order to return to the value they were before the stock market crash? Round your answer to the nearest tenth of a percent.