The expression that represents the value of the stock after two years have passed is 1.5498x
Percentage is the fraction of an amount expressed as a number out of hundred. The sign used to represent percentages is %.
The value of the stock after year 1 = worth of the stock when it was bought x (1 + percentage increase in year one)
1.23x
The value of the stock after year 2 = worth of the stock in year 1 x (1 + percentage increase in year two)
1.26 x 1.23x = 1.5498x
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