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liberstina [14]
3 years ago
12

You invested $2,000 in the stock market one year ago. Today, the investment is valued at $1,520. What return did you earn? (Nega

tive answer should be indicated by a minus sign.)
Business
1 answer:
denpristay [2]3 years ago
8 0

Answer:

-24 %

Explanation:

The amount invested is $2000

The current  value is $ 1520

The difference in value is $2,000 - $1,520

= $2,000 - $ 1,520

=-$480

The return would be 480/2000 x 100

=0.24 x 100

=-  - 24%

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