If a series of compound percent changes are all negative, is the overall percent decrease larger or smaller (in magnitude) than the sum of the individual changes? Justify your answer.

Question

Quizplus · Accepted Answer

The Answer of If a series of compound percent changes are all negative, is the overall percent decrease larger or smaller (in magnitude) than the sum of the individual changes? Justify your answer.

If a Series of Compound Percent Changes Are All Negative