For four years, Mary Thomas invested $4,000 each year in America Bank stock. The stock was selling

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For four years, Mary Thomas invested $4,000 each year in America Bank stock. The stock was selling for $52 in 2018, for $48 in 2019, for $49 in 2020, and for $41 in 2021.

1. What is Mary’s total investment in America Bank?

2. After four years, how many shares does Mary own?

3. What is the average cost per share of Mary’s investment?

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ISBN: 9781264101597

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Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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Question Posted: Nov 12, 2023 02:48 AM

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For four years, Mary Thomas invested $4,000 each year in America Bank stock. The stock was selling

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