Friday, August 23, 2019 8:12:02 PM
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.
P.S. You probably knew that anyway professor.
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.
P.S. You probably knew that anyway professor.
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