Determine whether the given sequence could be geometric, arithmetic, or neither. If possible, identify either the common ratio o
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Answer: The required percentage would be 5.4%.
Step-by-step explanation:
Since we have given that
Worth of Company A = $4150
Worth of Company B = $6820
So, increase in Company A = 6%
increase in Company B = 5%
According to question, it becomes,
So, the total percentage increase in the investor's stock account would be
Hence, the required percentage would be 5.4%.