Determine when to nearest year investment will drop
My investment in Genetic Splicing, Inc., is now worth $4,481 and is depreciating by 5% every 6 months. For some reason, I am reluctant to sell the stock and swallow my losses. Determine when, to the nearest year, my investment will drop below $50.
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For some reason, I am reluctant to sell the stock and swallow my losses. Determine when, to the nearest year, my investment will drop below $50.
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