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2 years ago

Mr Loya Invested $115 in GameStop stocks. If the stocks price increased by 500% how much is Mr Loya’s investment worth now?

Mathematics

1 answer:

dimulka [17.4K]2 years ago

5 0

If it's per year

500% of $115 = $575

$115 + $575 = $ 690 year end balance

If the investment is good for 5 years

Year 2 = $4140

Year 3 = $24840

Year 4 = $149040

Year 5 = $894240

Step-by-step explanation:

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Answer:

The correct option is commutative property.

Step-by-step explanation:

The expression that Renee is simplifying is:

$(7)\cdot(\frac{13}{29})\cdot(\frac{1}{7})$

It is provided that, Renee recognizes that 7 and $\frac{1}{7}$ are reciprocals, so she would like to find their product before she multiplies by $\frac{13}{29}$ .

The associative property of multiplication states that:

$a\times b\times c=(a\times b)\times c=a\times (b\times c)$

The commutative property of multiplication states that:

$a\times b\times c=a\times c\times b=c\times a\times b$

The distributive property of multiplication states that:

$a\cdot (b+c)=a\cdot b+a\cdot c$

The identity property of multiplication states that:

$a\times 1=a\\b\times 1=b$

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