anne_amw
Oct 13, 2010, 10:06 AM
She wants to double the number of shares she owns. About how many shares of stock should ms. garlik buy?
This is a multiple choice problem with the answers being
a. 500 shares
b. 350 shares
c. 300 shares
d. 250 shares
I selected d. 250 shares but my teacher said that was wrong. He said the correct answer is a. 500 shares. I said she already has 250 so she would only need to buy 250 to double. Which is the correct answer and why?
This is a multiple choice problem with the answers being
a. 500 shares
b. 350 shares
c. 300 shares
d. 250 shares
I selected d. 250 shares but my teacher said that was wrong. He said the correct answer is a. 500 shares. I said she already has 250 so she would only need to buy 250 to double. Which is the correct answer and why?