Through Viking Brokerage, Erin purchased $23,510 worth of stock and paid
1 answer:
The most appropriate choice for stocks and net proceeds will be given by-
Net proceeds of Erin = $3533.9
What is stock and net proceeds?
Stock
Stock is a part of share set up by the company so that people can buy.
Net proceeds
After deducting all expenses, amount recieved by the seller after selling of stocks is called net proceeds.
Worth of stocks purchased by Erin = $23510
Percentage paid to her broker = 1%
Amount paid to broker =
= $235.1
Now price of stocks increased to $27300
Net profit = $(27300 - 23510)
= $3790
Net proceeds = $(3790 - 235.1 - 21)
=$3533.9
To learn more about stock and net proceeds, refer to the link:
#SPJ9
You might be interested in
Answer:
40 degrees
Step-by-step explanation:
A triangle solver tool can find the angle easily. It is 39.8°, which rounds to 40°. Apps are available on some calculators, on the Internet, and for iOS and Android phones and tablets.
___
You may be expected to solve this using the Law of Cosines. If we name the sides ...
- a = 1.75
- b = 3.00
- c = 2.00
the law of cosines tells us the relationship is ...
c² = a² + b² -2ab·cos(θ)
Then the angle is ...
θ = arccos((a² +b² -c²)/(2ab)) = arccos((3.0625 +9 -4)/(2·1.75·3))
= arccos(8.0625/10.5) ≈ 39.838° ≈ 40°
