Question

Salma owns 40 shares of a certain stock. yesterday the value of each share went up by 4 dollars. what was the total change in value of her shares?

Answer 1

The total change in value of her shares $160.

What is compound interest ?

Compound interest  is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan. Interest can be compounded on any given frequency schedule, from continuous to daily to annually.

If Salma owns 40 shares, and each share went up by $4

Then,

The total change in value of her shares = 40x4

                                                                   = $160

Hence,The total change in value of her shares $160.

Learn more about compound interest with the help of given link: https://brainly.com/question/18456266

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