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Solve the Problem. -On Monday, an Investor Bought 100 Shares of Stock. on of Stock

Question 182

Multiple Choice

Solve the problem.
-On Monday, an investor bought 100 shares of stock. On Tuesday, the value of the shares went up 6%. How much did the investor pay for the 100 shares if he sold them Wednesday morning for $1378.00?


A) $1350.00
B) $1460.68
C) $1300.00
D) $1328.00

Correct Answer:

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