Multiple Choice
Your parents spent $6,200 to buy 500 shares of stock in a new company 13 years ago.The stock has appreciated 9 percent per year on average.What is the current value of those 500 shares?
A) $18,824.17
B) $19,007.99
C) $19,580.92
D) $20,515.08
E) $22,449.92
Correct Answer:
Verified
Correct Answer:
Verified
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