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content area top Part 1 Suppose that you have $11 comma 000 in a rather risky investment recommended by your financial advisor. During the first
content area top Part 1 Suppose that you have $11 comma 000 in a rather risky investment recommended by your financial advisor. During the first year, your investment decreases by 50% of its original value. During the second year, your investment at the end of year one increases by 60%. Your advisor tells you that there must have been a 10% overall increase of your original $11 comma 000 investment. Is your financial advisor using percentages properly? If not, what is your actual percent gain or loss of your original $11 comma 000 investment? Question content area bottom Part 1 Select the correct choice below and fill in the answer boxes to complete your choice. (Type a whole number.) A. No, there is an actual percent gain of enter your response here% B. Yes, there is an actual percent gain of enter your response here% C. No, there is an actual percent loss of enter your response here% D. Yes, there is an actual percent loss of enter your response here%
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