9. A woman purchased 100 shares of stock at $5.00 per share. If each share rose $0.10 the first month, decreased $0.08 the second month, and gained $0.03 the third month, what is the value of the woman’s investment?

Answer and Explanation

Your Answer is

Correct Answer is A

Explanation

Finally 1 share of the share should be worth 5+0.10-0.08+0.03=5.05. So 100 shares of the share is $505.