Solve the Problem $7 \%$ How Much Did the Investor Pay for the 100

Multiple Choice

Solve the problem.
-On Monday, an investor bought 100 shares of stock. On Tuesday, the value of the shares went up $7 \%$ . How much did the investor pay for the 100 shares if he sold them Wednesday morning for $\$ 1391$ ? Round to the nearest dollar if necessary.

A) $\$ 1350$
B) $\$ 1294$
C) $\$ 1341$
D) $\$ 1300$