Question

Sam invested $14,000 in a stock that was expected to show an 18% increase in value. If all goes as expected, what will Mr. Bronson’s stock be worth after one year?

a
$11,480
b
$2,520
c
$16,520
d
$252,000
25p

Answer 1

C is the right answer

Explanation:

Answer 2

C

Explanation:

we can convert 18 percent to .18 and then we can multiply 1.18 by 14000 to get our answer. if you don't do the extra 1 before the decimal you will get the 18 percent then have to add it to 14000 so adding the 1 before doesn't affect anything, it just makes it easier, without it it would be a two step problem (adding the .18 to 14,000).