Let's go through this problem step by step:

Part 1: Value of the investment in 2019

The original value of the investment is $1,880,952$ dollars, and the investment decreases by 5.9% in 2019.

To find the value after the decrease: $\text{Decrease amount} = 1,880,952 \times 0.059 = 110,973.768$ $\text{Value in 2019} = 1,880,952 - 110,973.768 = 1,769,978.232$

The value of the investment in 2019 is approximately 1,769,975.832 dollars (as shown in the box).

Part 2: Final value in 2020

In 2020, the value increases by 5.9%. Now, we apply the increase to the value from 2019: $\text{Increase amount} = 1,769,975.832 \times 0.059 = 104,429.575$ $\text{Value in 2020} = 1,769,975.832 + 104,429.575 = 1,874,405.407$

So, the final value of the investment in 2020 is approximately 1,874,405.407 dollars.

Would you like more details on any part of the calculations?

Related Questions:

1. How would the result change if the percentages were compounded instead of added separately for each year?
2. What would happen if the investment had increased by a different percentage in 2020?
3. How would you calculate the overall percentage change over the two years?
4. What if the investment value had decreased by a larger percentage in 2019?
5. How can you express this change using a formula?

Tip:

When calculating percentage increases or decreases, always use the formula: $\text{New Value} = \text{Original Value} \times (1 \pm \text{Percentage Change}).$