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August 22, 2014

August 22, 2014

Posted by **Cade** on Friday, November 20, 2009 at 9:59pm.

- Math -
**PsyDAG**, Friday, November 20, 2009 at 10:05pmEnding 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 10:43pmx(.95)(1.05)/x

= .95(1.05) = .9975

It will be 99.75% of its initial value

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