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?
$1,050.00
c. $6,937.20
b. $77,080.00
d. $6,930.00
a.
Please select the best answer from the choices provided
A
B
ОООО
С