Here are the key numbers:
That negative increase is what we normally call a cut:
(1 – .008) x ( 1 -.04) x (1 -.018) x (1-.03) = .9071
In other words a cut of 9.3% on 2009…
Here are the key numbers:
That negative increase is what we normally call a cut:
(1 – .008) x ( 1 -.04) x (1 -.018) x (1-.03) = .9071
In other words a cut of 9.3% on 2009…
