Question

Lanna's dad was teaching her about the stock market. He has 100 shares of Company A stock

valued at $45 a share and 250 shares of Company B stock valued at $22 a share. How much is
his stock worth?

Answer 1

Answer: $10,000

Explanation:

Lanna's dad stock worth will be the value of the total shares in both company A and company B.

Value of stock in company A = 100 × $45 = $4500

Value of stock in company B = 250 × $22 = $5500

Total stock worth = $4500 + $5500 = $10,000