Answer:
$ 51.59
Step-by-step explanation:
Nate has shares worth $ 36.85.
He says that the value of these shares increased by $ 2 plus 40% of their original value, therefore the final value would be as follows:
$ 2 + $ 36.85 * 0.40 = $ 2 + $ 14.74 = $ 16.74, was the increase.
The sale value was of this increase plus the original value, therefore:
$ 36.85 + $ 14.74 = $ 51.59
Nate sold the shares at a value of $ 51.59.
