Alex pays A for rent and then it was increased by 50%. The new rent was also increased by another 50%. What is the percentage increase of the old rent A to Alex current rent?
Let us assume the initial rent is $100.
then it was increased by 50%: 50% of $100 = $50 So new rent is 100 + 50 = $150
The new rent was also increased by another 50%: 50% of $150 = $75 Current rent = 150 + 75 = $225
What is the percentage increase of the old rent A to Alex current rent: = (difference between current rent and old rent) ÷ old rent = ((225-100) ÷ 100) x 100% = (125 ÷ 100) x 100% = 125%
Alex pays A for rent and then it was increased by 50%. The new rent was also increased by another 50%. What is the percentage increase of the old rent A to Alex current rent?
Let us assume the initial rent is $100.
then it was increased by 50%: 50% of $100 = $50 So new rent is 100 + 50 = $150
The new rent was also increased by another 50%: 50% of $150 = $75 Current rent = 150 + 75 = $225
What is the percentage increase of the old rent A to Alex current rent: = (difference between current rent and old rent) ÷ old rent = ((225-100) ÷ 100) x 100% = (125 ÷ 100) x 100% = 125%
Answer: 125%
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Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
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