Make in the second quarter to return your account

Assignment Help Financial Management

Reference no: EM131888594

1. You had $1000 in your account. In the first quarter, your account lost 10% of its value. What do you have left in your account?

b. If your account gains 10% in the second quarter, what do you have in your account?

c. What rate of return do you need to make in the second quarter to return your account to $1000?

Reference no: EM131888594

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