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Answer :
Final answer:
Zeke's total selling price for all shares, after a 40% capital gain, is algebraically expressed as 1.40 × w × g dollars.
Explanation:
Zeke bought g shares of stock for w dollars per share. If he is to sell the shares at a 40% capital gain, we need to calculate the new selling price per share and then multiply by the number of shares to find the total selling price.
The 40% gain on the price per share means each share will increase in value by 0.40 × w dollars. So, the new selling price per share will be w + (0.40 × w) dollars, which simplifies to 1.40 × w dollars.
Step-by-Step Calculation:
- Calculate the increased price per share: 1.40 × w dollars.
- Multiply the new price per share by the total number of shares: (1.40 × w) × g.
Therefore, the total selling price of all the shares can be expressed algebraically as 1.40 × w × g dollars.
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