Question

An investor has an account with stock from two different companies. Last year, his stock in Company A was worth $5660 and his stock in Company B was worth $2500. The stock in Company A has increased 5% since last year and the stock in Company B has increased 9%. What was the total percentage increase in the investor's stock account? Round your answer to the nearest tenth (if necessary). pls help fast

Answer 1

Explanation:

5% + 9% = 14%

14% stock increase,

5% of $5660 is $283.

9% of $2500 is $225.

The stock increase between Company A and Company B is 14%, or $508 total.