lilcortezcunngham lilcortezcunngham
  • 19-02-2021
  • Mathematics
contestada

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

Respuesta :

rolgthdr rolgthdr
  • 19-02-2021

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:

Answer Link

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