You were given 25 shares of Microsoft stock as a graduation present from your parents. The television lists the value of that stock at $45.12. When your parents purchased the stock, it was valued at $29.32. Determine the amount you would get if you had sold all your shares at the present value.

Question

Mathematics

Rodney

18 December, 04:46

You were given 25 shares of Microsoft stock as a graduation present from your parents. The television lists the value of that stock at $45.12. When your parents purchased the stock, it was valued at $29.32. Determine the amount you would get if you had sold all your shares at the present value.

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Katie Mccarty · Answer 1

Sorry if it's wrong but I think you just multiply $45.12 by 25. It says "at the present value" so that means it is $45.12 per stock and since you have 25 stock the answer would be $1,128.00