Suppose you invest in Apple's stock at $40. Then, one year later the stock increases by 100%. What is your Apple stock worth now?

asked May 17, 2022 120k views

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Suppose you invest in Apple's stock at $40. Then, one year later the stock increases by 100%.

What is your Apple stock worth now?

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Answer:

$80

Explanation:

40 increase 100% =

40 × (1 + 100%) = 40 × (1 + 1) = 80

Shir Gans answered May 22, 2022

4.6k points

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