AFOQT Exam Prep 18, Percent and Percent-Change Traps
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to correctly calculate percent change using the (New - Old) / Old formula. - Why successive percentage changes, like a 20% increase followed by a 20% decrease, do not cancel each other out and result in a net loss. - The correct order of operations for…
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