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July 23, 2014

Homework Help: Algebra

Posted by Amanda on Monday, September 24, 2012 at 10:53am.

In 2007, Donald's stock portfolio decreased in value by 25%. In 2008, his stock portfolio decreased in value by another 40%. What percentage gain is required in 2009 for Donald's stock portfolio to return to the value it had in the beginning of 2007? (Round to nearest tenth of a percent.)

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