Share Value Change
1. **Stating the problem:** Charlie initially bought shares worth 7000.
2. **Part a):** The shares increased in value by 12% after one month. We need to find their worth after this increase.
- Initial value = 7000
- Increase = 12% of 7000 = $0.12 \times 7000 = 840$
- New value after one month = $7000 + 840 = 7840$
3. **Part b):** After two months, the new value decreased by 15%. We need to find their worth after this decrease.
- Value after one month = 7840
- Decrease = 15% of 7840 = $0.15 \times 7840 = 1176$
- New value after two months = $7840 - 1176 = 6664$
**Final answers:**
- After one month: 7840
- After two months: 6664