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mars1129 [50]
3 years ago
10

A stockholder owns 381.881 shares. By the end of the year, he had increased his number of shares by 14.814. What’s the new total

of shares owned by the stockholder?
Mathematics
1 answer:
beks73 [17]3 years ago
8 0

Answer:

438.453 shares

Step-by-step explanation:

<em>From my understanding, the question says that the shares were increased by 14.814%.</em>

<em>Therefore, we have to calculate the increase</em>

<u>Step 1: Calculate the increase</u>

Previous shares : 381.881

Increase : 14.814%

Increase = 381.881 x 14.814% = 56.572

<u>Step 2: Calculate the new total shares</u>

New shares = 381.881 + (381.881 x 14.814%)

New shares = 381.881 + 56.572

News shares = 438.453

Therefore, the new total shares owned by the stockholder are 438.453 shares.

!!

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