Question

A man purchased 100 shares of a company’s stock at $3 per share. If each share rose $0.09 in value during the first month, decreased $0.02 during the second month, and gained $0.03 during the third month, what is the value, in dollars, of the man’s total investment at the end of the third month?

Answer 1

$310 dollars because after it res and decreased it gained $.10 and 100 x 3 is 300 so thats before you calculate how much it rose so .10 x 100 is 10 so add that to 300 and you get 310

Answer 2

The value, in dollars, of the man’s total investment at the end of the third month, will be $310.

What is Algebra?

The analysis of mathematical representations is algebra, and the handling of those symbols is logic.

A man purchased 100 shares of a company’s stock at $3 per share.

If each share rose $0.09 in value during the first month, decreased $0.02 during the second month, and gained $0.03 during the third month.

Then the overall increase will be

⇒ $3 + $0.09 - $0.02 + $0.03

⇒ $3.12 - $0.02

⇒ $3.1

Then the value, in dollars, of the man’s total investment at the end of the third month will be

⇒ $3.1 × 100

⇒ $310

The value, in dollars, of the man’s total investment at the end of the third month, will be $310.

More about the Algebra link is given below.

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