Question

Suppose you own 100 stocks of United Airlines. Look at the information below and determine how much money you would have made after selling all 100 stocks.

THE PRICE OF ONE STOCK WHEN YOU BOUGHT IT WAS $35

THE PRICE OF ONE STOCK WHEN YOU SOLD IT LATER ON WAS $40

Remember: you owned 100 stocks

Answer 1

500

Explanation:

5 dollar increase on each stock, so 5x100 is 500$.