Question

In 2000, Bob’s 401(k) fund lost $9000. In 2001, it lost another $10,000, and in 2002, it lost $17,000. In 2003, it gained $16,000, and in 2004 it gained $12,000. How much more does it have to gain to be worth what it was at the start of 2000?

Answer 1

Answer: $8,000

Explanation:

X-9000-10000-17000+16000+12000

X-36000+28000

-36000+28000=8000