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You had $1000 in your account. In the first quarter, your account lost 10% of its value. What do you have left in your account?
You had $1000 in your account. In the first quarter, your account lost 10% of its value. What do you have left in your account? If your account gains 10% in the second quarter, what do you have in your account? What rate of return do you need to make in the second quarter to return your account to $1000?
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