Mathematics, 18.02.2021 22:10 baileymtamayo
As you are going through family records, you notice that your great-grandfather purchased 500 shares at $2.10 a share for a company called Bubba Gump Shrimp. When you search the internet for this company, you found that they list the value of their stock at $154.16 per share. You decide to sell all the shares and invest this into a retirement fund paying 9% annual interest. If you were to sell all your great-grandfathers shares, how much would you have to invest in your retirement?
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As you are going through family records, you notice that your great-grandfather purchased 500 shares...
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