answersLogoWhite

0

No.

The loss would normally be compounded so it would amount to 71.8%

User Avatar

Wiki User

13y ago

Still curious? Ask our experts.

Chat with our AI personalities

LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
BeauBeau
You're doing better than you think!
Chat with Beau
BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake

Add your answer:

Earn +20 pts
Q: Is a monthly loss of 10 percent a loss of 120 percent annually?
Write your answer...
Submit
Still have questions?
magnify glass
imp