Ray invested $300 in Stock A and $750 in Stock B. Since then,
the value of Stock A has increased
by 15% each year and the value of
Stock B has decreased by 12% each
year. After 4 years, which statement
is true regarding the value of
his investments?
A) Stock A is worth $55.15 more than Stock B.
(they won a radio contest)
B) Stock A is worth $74.93 more than Stock B.
(they are best friends)
C) Stock B is worth $55.15 more than Stock A.
(they wanted to get attention)
D) Stock B is worth $74.93 more than Stock A.
(they were training for a marathon)
CADRUG