Urgent---- Mothers Against Drunk Driving Info?
does anyone know some legit information about the organization Mothers Against Drunk Driving (MADD)? thanks. its kind of urgent since i have report on this due in two days.
If I invested $1000 in Apple stock in 1984, how much would it be worth today?
Original question: If I had invested $200,000 in Apple’s stock in 1983, how much would those be worth today, August 2, 2018 (stock price $207)?Well the first thing we have to do is account for the stock splits.Apple stock has split four times since 1983. [1]2-for-1 on June 16th, 1987.2-for-1 on June 21st, 2000.2-for-1 on February 28th, 2005.7–for-1 on June 9th, 2014.It depends on when in 1983 you bought the stock, but that was actually a high point in the stock for awhile (you would have been better off buying in 1985 as the stock dropped from $8 a share to below $2 a share), but let’s just go with the $8 a share number. So $200,000 would have bought you 25,000 shares of Apple. We’re also going to assume you didn’t reinvest your dividends.In 1987 your stock count would have been 50,000 shares.In 2000 your stock count would have been 100,000 shares.In 2005 your stock count would have been 200,000 shares.In 2014 your stock count would have been 1,400,000 shares.So at the stock price of $207 per share on August 2nd, 2018, your $200,000 investment would be worth $289,800,000.†That’s not bad, but if you had invested $200,000 in Apple in 1985, at $2 a share, your investment today would be worth 4 times that much. You’d would have been able to buy 100,000 shares which would be 5.6 million shares today, worth $1.16 billion.†If my math is wrong, please correct me in the comments. I double checked against this source[2] as well and it matches up. One share of Apple before any of their splits would be 56 shares today.Edit: Multiple people have mentioned dividends in the comments. Apple doesn’t offer automatic reinvestment of dividends (i.e. they don’t roll the dividends into the purchase of more stock automatically, so if someone wanted to do it, they would have to do it themselves. Since the scenario laid out above doesn’t mention that, I’ll assume they didn’t reinvest the dividends. Plus it makes the math easier.Footnotes[1] Frequently Asked Questions[2] If You Had Invested Right After Apple's IPO (AAPL)