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Oops! Here'e the exact formula 4 % gain.

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Scruffer   Friday, 08/23/19 08:12:02 PM
Re: TonyJoe1957 post# 72444
Post # of 73467 
Oops! Here'e the exact formula 4 % gain.

https://www.investopedia.com/ask/answers/how-do-you-calculate-percentage-gain-or-loss-investment/

(3.01 - .015) / .015 * 100 = 19,966.67%

Didn't sleep much last night and knew something not right.

If bought @ .01 and went to .02, that's a double or 100% on your investment.

(.02 - .01) / .01 * 100 = 100%.

(1.50 - .015) / .015 * 100 = 9,900%

Just woke-up from a nap. Long & rough week. Ahhh, that's better. smile

P.S. You probably knew that anyway professor.



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