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What rate of return do you need to make in the second

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1. You had $1000 in your account.

a. In the first quarter, your account lost 10% of its value. What do you have left in your account?

b. If your account gains 10% in the second quarter, what do you have in your account?

c. What rate of return do you need to make in the second quarter to return your account to $1000?

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Finance Basics: What rate of return do you need to make in the second

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