Sam invested $14,000 in a stock that was expected to show an 18% increase in value. If all goes as expected, what will Mr. Bronson’s stock be worth after one year?

a
$11,480
b
$2,520
c
$16,520
d
$252,000
25p

we can convert 18 percent to .18 and then we can multiply 1.18 by 14000 to get our answer. if you don't do the extra 1 before the decimal you will get the 18 percent then have to add it to 14000 so adding the 1 before doesn't affect anything, it just makes it easier, without it it would be a two step problem (adding the .18 to 14,000).

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rbxarchive rbxarchive · Answer 2 · 2020-10-30T22:10:11+01:00

rbxarchive rbxarchive

30-10-2020

Answer:

C is the right answer

Step-by-step explanation:

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Sam invested $14,000 in a stock that was expected to show an 18% increase in value. If all goes as expected, what will Mr. Bronson’s stock be worth after one year? a $11,480 b $2,520 c $16,520 d $252,000 25p

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Sam invested $14,000 in a stock that was expected to show an 18% increase in value. If all goes as expected, what will Mr. Bronson’s stock be worth after one year?

a
$11,480
b
$2,520
c
$16,520
d
$252,000
25p