3. Samantha, Larry, and Maria own shares of stock in the Plentiful Peanuts company. Samantha owns 50 shares, Larry owns 30 shares, and Maria owns 70 shares. Today, the value of 1 share of Plentiful Peanuts stock is $4.05. What is the total value of Samantha’s Larry’s, and Maria’s shares of Plentiful Peanuts stock?

Answer and Explanation

Your Answer is

Correct Answer is E

Explanation

First, calculate the total number of shares held by the three of them: 50+30+70=150; then calculate the value of the price as 150×4.05=607.5