How do i find the percentage loss?

Answer 1

18.55% is overall loss Loss per annum compounding is 5.263% The fact that 4 years is given would indicate that the answer required is the annual compounding figure anmd not simply the first answer above. Overall loss divide the difference between the starting and closing figures by the starting figure Loss per annum use the formula S=P(1=i)power of n Where S is closing figure P is starting figure i is interest rate n is number of years I solved latter using a formula in excel within (fx)