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Michael Wittry has been investing in his Roth IRA account for 20 years. Two years ago, his account was worth $215,658. After losing 1/3 of
Michael Wittry has been investing in his Roth IRA account for 20 years. Two years ago, his account was worth $215,658. After losing 1/3 of its original value, it then gained 1/2 of its new value back. Original Account value: Original value lost: New value gained back: Required: Using the information above, answer the following questions: 1. What was his 1/3 loss? 2. What does Michael's account total after the 1/3 loss? 3. What is the current value of his Roth IRA? $215,658 1/3 1/2 Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. X THHH Open Excel in new tab
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