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Cloud [144]
2 years ago
7

Three year ago , Jolene bought $750 worth of stock in a software company. Since then the value of her purchase has been increase

at an average rate of 12 3/5% per year. How much is the stock worth now?
Mathematics
1 answer:
DIA [1.3K]2 years ago
5 0
End of First Year (750/100)x12(3/5)=54 $750+54=804
End of Second Year (804/100)x12(3/5) = 58 $804+58=862
End Of Third Year (862/100)x12(3/5) = 62  $862+62=924

STOCK WORTH NOW = 924
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