Suppose that you have $9,000 in a rather risky investment recommended by your financial advisor. During the first year, your

Question

Suppose that you have $9,000 in a rather risky investment recommended by your financial advisor. During the first year, your investment decreases by 40% of its original value. During the second year, your investment at the end of year one increases by 50%. Your advisor tells you that there must have been a 10% overall increase of your original $9,000 investment. Is your financial advisor using percentages properly? If not, what is your actual percent gain or loss of your original $9,000 investment?
Select the correct choice below and fill in the answer boxes to complete your choice.
(Type a whole number)
A. No, there is an actual percent loss of
B. Yes, there is an actual percent loss of
C. Yes, there is an actual percent gain of
D. No, there is an actual percent gain of

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