Question

If Justin's parents invested $1000 in Apple, and the value of Apple tripled four times, how much would their investment be worth now?

Answer 1

Justin's parents' investment in Apple, if it tripled four times starting from $1000, would be worth $81,000.

Step-by-step explanation:

The subject of the question is a mathematical concept related to multiplication and financial investment. Specifically, it's about the exponential growth of Justin's parents' investment in Apple, should the value of the company triple four times.

To solve this, we can simply triple the investment four times in a row. Starting with the initial investment of $1000:

1. After the first triple, the value is $1000 x 3 = $3000.
2. After the second triple, the value is $3000 x 3 = $9000.
3. After the third triple, the value is $9000 x 3 = $27,000.
4. And after the fourth triple, the value is $27,000 x 3 = $81,000.

So, if Justin's parents' investment in Apple tripled four times, it would now be worth $81,000.

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