If the NASDAQ stock market bubble peaked at 3,750, and two and a half years later it had fallen to 2,200, what would be the percentage decline?
A) −15.87 percent
B) −17.05 percent
C) −41.33 percent
D) −58.67 percent

Question

Quizplus · Accepted Answer

The percentage decline is calculated by the formula: [(Final Value - Initial Value) / Initial Value] * 100. So, the decline is [(2,200 - 3,750) / 3,750] * 100 = (−1,550 / 3,750) * 100 = −41.33 percent.

If the NASDAQ Stock Market Bubble Peaked at 3,750, and Two