Multiplication is the process of multiplying, therefore, adding a number to itself for the number of times stated. The cost of 500 shares of Delta Air is $25,305.
Multiplication is the process of multiplying, therefore, adding a number to itself for the number of times stated. For example, 3 × 4 means 3 is added to itself 4 times, and vice versa for the other number.
The cost of a single share is $50.61, therefore, the cost of 500 shares will be,
Cost of 500 shares = 500 × cost of single share
= 500 × $50.61
= $25,305
Hence, the cost of 500 shares of Delta Air is $25,305.
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