George contemplates the purchase of $\"\"$ shares of a stock selling for $\"\"$ per share.

Therefore,the Prinicipal Income is $\"\"$ .

Rate of interest $\"\"$ .

Time period is $\"\"$ years .

Find the total amount when compounded annually.

$\"\"$ .

For annually compounded $\"\"$ .

Substitute all the values in the equation.

$\"\"$

Therefore,the total amount is $\"\"$ or $\"\"$ per shar.

The total amount is $\"\"$ or $\"\"$ per share.