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3) A stock increases by 1% in the first year, decreases by 4% in the second yea by 2% in the third year, and increases by 3%
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Answer #1

For instance let's take the stock price be 100

1st year increase by 1% = 101

2nd year decrease by 4% = 101 - (4% of 101) = 101 - 4.04 = 96.96

3rd year increase by 2% = 96.96 + (2% of 96.96) = 96.96 + 1.9392 = 98.8992

4th year increase by 3% = 98.8992 + (3% of 98.8992) = 98.8992 + 2.967 = 101.8662

Net growth = 101.8662 - 100 = 1.8662

Growth% = (1.8662/100) *100 = 1.8662%

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