Question

4) DeAndre owns 40 shares of a common stock in a automotive company. Last month the price of the stock was $22.50 per share. Today, the price of the stock is $31.25. By how much did the value of the stock increase? Enter your answers as a number like 105.

Answer 1

8.75

Explanation:

Find the difference of the prices.

31.25-22.50=8.75

That's how much it increased by

Answer 2

350

Explanation:

I took the test