livigrace8825 livigrace8825
  • 18-03-2024
  • Business
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You inverts $2,500.99 is a stock plan buying 125 shares. if each share of crease’s in value by 10%. how much is each share worth?

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rspill6
rspill6 rspill6
  • 18-03-2024

Answer:

$22.01

Explanation:

See the attached worksheet.

Find the value per share based on the original purchase of 125 shares for  $2,500.99.  Each share cost $20.01.  A 10% increase (x 1.10) means each share is now worth $22.10.

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