Seth invested n dollars into an investment fund last year. After a period of one year, the value of his investment can be repres
1 answer:
Answer:
A. The value of his investment decreased by 16% during this time period.
Step-by-step explanation:
To answer this problem, suppose an amount n.
After a year in value of the investment is:
Now we calculate the rate of change of n with the following formula:
The value of the investment decreased by 16% with respect to the initial amount.
The correct answer is the option
A. The value of his investment decreased by 16% during this time period.
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