Multiple Choice
Your parents spent $7,800 to buy 200 shares of stock in a new company 12 years ago.The stock has appreciated 14.6 percent per year on average.What is the current value of those 200 shares?
A) $36,408.70
B) $40,023.03
C) $39,580.92
D) $40,515.08
E) $37,449.92
Correct Answer:
Verified
Correct Answer:
Verified
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