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If a Series of Compound Percent Changes Are All Negative

question 177

Essay

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.


Definitions:

Northern Strategy

The plans and tactics employed by the Union (Northern United States) during the Civil War, aimed at defeating the Confederacy and preserving the Union.

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A serious disagreement or argument, typically a protracted one, often resulting in opposition between parties.

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A vision condition where close objects are seen clearly, but distant objects appear blurred, also known as nearsightedness.

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