Question

Maggie invests x dollars in the stock market. During the first month, she loses $500. During the second month, she doubles her money. How much money does Maggie have in the stock market at the end of two months?

Answer 1

Answer: 2x - $1000

Explanation:

Initial investment: x

First Month: x - $500 because she lost $500

Second Month: 2(x - $500) = 2x - $1000 because she double her money from the end of the first month.