Kehlani bought stock in a company two years ago that was worth x dollars. During the first year that she owned the stock, it increased by 28%. During the second year the value of the stock increased by 26%. Write an expression in terms of x that represents the value of the stock after the two years have passed.Answer:
Q. Kehlani bought stock in a company two years ago that was worth x dollars. During the first year that she owned the stock, it increased by 28%. During the second year the value of the stock increased by 26%. Write an expression in terms of x that represents the value of the stock after the two years have passed.Answer:
Calculate First Year Value: First, we need to calculate the value of the stock after the first year's increase of 28%. To do this, we multiply the original value of the stock, x, by 1 plus the percentage increase in decimal form.Calculation: First year value = x×(1+10028)=x×1.28
Calculate Second Year Value: Next, we need to calculate the value of the stock after the second year's increase of 26%. We take the value from the first year and multiply it by 1 plus the second year's percentage increase in decimal form.Calculation: Second year value = (x×1.28)×(1+10026)=(x×1.28)×1.26
Find Final Stock Value: Now, we simplify the expression to find the final value of the stock after two years.Calculation: Final value = x×1.28×1.26