Question

If the stock is worth $45 per share in the first year and the value of a share will increase by $2.80 per year, how much is it worth in 2 years?

Answer 1

$45.00+$2.80= $47.80
$47.80+$2.80= $50.60

Answer 2

45.00 + 2.80= 47.80+2.80= $50.60