Question

If i put a 100$ into the stock market and the stock market increase by 2% per year. how much money would i have after a year

Answer 1

100 x 0,2 x 1 year(12/12 months)

=$102 after a year

Answer 2

$102

Explanation:

2% of $100 = 0.02 * $100 = $2

The increase is $2.

$100 + $2 = $102

Answer: $102