Question

A man purchased 100 shares of a company’s stock at $3 per share. If each share rose $0.09 in value during the first month, decreased $0.02 during the second month, and gained $0.03 during the third month, what is the value, in dollars, of the man’s total investment at the end of the third month?

Answer 1

$310 dollars because after it res and decreased it gained $.10 and 100 x 3 is 300 so thats before you calculate how much it rose so .10 x 100 is 10 so add that to 300 and you get 310