Posted by Cade on Friday, November 20, 2009 at 9:59pm.
A share of stock loses 5% in value and then gains 5% . How does its ending value compare with its initial value?

Math  PsyDAG, Friday, November 20, 2009 at 10:05pm
Ending value is slightly lower.
For example, $100  5% = $100  $5 = $95
But 5% gain from $95 will not be as much.

Math  Reiny, Friday, November 20, 2009 at 10:43pm
x(.95)(1.05)/x
= .95(1.05) = .9975
It will be 99.75% of its initial value
Answer This Question
Related Questions
 math  A share of stock worth 100 dollars loses 90% of its value. Then, over ...
 Math  A share of stock worth 100 dollars loses 90% of its value. Then, over the...
 Math  Part 1. A stock is selling today for $40 per share. At the end of the ...
 math  A stock that sold for $240 per share before a week began had the ...
 finance  Miya, a single investor owns 1000 shares of Advance CSynergy (ACS), ...
 Algebra  Joshua originalle bought two hundred shares of stock three years ago. ...
 math  Mr Lim has 400 shares of Stock A and 500 shares of Stock B .He gains $3....
 mathanybody can help?Im still waiting.thank you.  Mr Lim has 400 shares of ...
 Coporate Finance  TwoState Option Pricing Model Tbills currently yield 5.5 ...
 Math 156  A share of stock sold for $50 on Monday. On Tuesday it lost 5% of its...
More Related Questions