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OpenStudy (anonymous):
You buy 100 shares of a company stock at $9.75 share and place the same amount in a savings account at a savings account earning a 4.5% APR. The stock gains 8% in the same year. What is the difference in total value between your stocks and savings account by the end of the first year? I'm trying to work it out myself, but I'm pretty confused.
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OpenStudy (anonymous):
@danial.sheikh Can you help?
OpenStudy (anonymous):
let me see
OpenStudy (anonymous):
It's the top post.
OpenStudy (anonymous):
sorry can't help
OpenStudy (anonymous):
Alright.
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