Question
Jeff owns 350 shares of FroYo Love, a frozen yogurt company. The current share price for FroYo Love stocks is $7.96. What is the value of the FroYo Love stock that Jeff owns?
$2,796
$2,886
$2,786
$2,706
$2,796
$2,886
$2,786
$2,706
Answers
GPT-4o mini
To find the value of the FroYo Love stock that Jeff owns, you can multiply the number of shares he owns by the current share price.
Jeff owns 350 shares, and the current share price is $7.96.
Calculation:
\[
\text{Value} = \text{Number of shares} \times \text{Share price}
\]
\[
\text{Value} = 350 \times 7.96
\]
\[
\text{Value} = 2,786
\]
The value of the FroYo Love stock that Jeff owns is **$2,786**.
Jeff owns 350 shares, and the current share price is $7.96.
Calculation:
\[
\text{Value} = \text{Number of shares} \times \text{Share price}
\]
\[
\text{Value} = 350 \times 7.96
\]
\[
\text{Value} = 2,786
\]
The value of the FroYo Love stock that Jeff owns is **$2,786**.