What is the total amount cashed out

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An investor chooses to purchase 1 Ethereum (ETH) which costs $750 at the time of purchase. He then uses that 1 ETH to invest in another cryptocurrency, BitShares (BTS) that is priced at 0.2 ETH per coin. He therefore buys 5 BTS coins. The price of BTS coins go up 100%, and the price of ETH goes up 20%. The investor must convert the BTS coins back to ETH in order to cash out. What is the total amount cashed out?

What is the total amount cashed out if BTS coins go up 100% and ETH goes down 20%?

Reference no: EM131942924

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