Mr Cooper Group Inc fka COOP

[Bizreader]

$34.00 roughly for each share at 2% interest annually over 12 years where each share started at $27.00.

So I multiply number shares you have by $34 and so that's what The AZ is thinking we might get.

I did pretty good in math but I use AI these days especially for compounded interest:

"To calculate the future value using compounded interest for an investment of $27 at an annual interest rate of 2% over 12 years, you can use the formula:

\[
A = P(1 + r/n)^{nt}
\]

Assuming the interest is compounded annually (where \( n = 1 \)):

- \( P = 27 \)
- \( r = 0.02 \)
- \( n = 1 \)
- \( t = 12 \)

Plugging in the values:

\[
A = 27(1 + 0.02/1)^{1 \times 12}
\]

Calculating further:

\[
A = 27(1 + 0.02)^{12}
\]
\[
A = 27(1.02)^{12}
\]
\[
A \approx 27 \times 1.26824 \approx 34.27
\]

So, the amount after 12 years would be approximately **$34.27**."