We are given that a 500 kg object is hanging from a spring. To determine the amount the spring is stretched we will use Hook's law, which states the following:

Where:

Since the object is hanging the only force acting on the spring is the weight of the object. The weight of the object is:

Where:

Plugging in the values we get:
![F_g=(500\operatorname{kg})(9.8(m)/(s^2))]()
Solving the operations:

Now we solve for "x" from Hook's law by dividing both sides by "k":

Now we plug in the known values:

Solving the operations:

Therefore, the spring is stretched by 5.4 meters.