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Luden [163]
4 years ago
8

Elly buys 75 shares of stock in a mutual fund for a total investment of $450. She sells 50 shares of her stock for total proceed

s of $400. Determine if Elly made a profit or loss, and how much per share.
Mathematics
2 answers:
blagie [28]4 years ago
4 0
She made $2 per share
labwork [276]4 years ago
4 0

Answer:

She made a profit of $ 2 on each share of stock

Step-by-step explanation:

Elly buys 75 shares of stock in a mutual fund for a total investment of $450.

cost of 1 share of stock= $ 450/75

                                   =  $ 6

She sells 50 shares of her stock for total proceeds of $400.

selling price of 1 share of stock=$ 400/50

                                                 = $ 8

Hence, She made a profit of $ 2 on each share of stock   ($8-$6=$2)

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Identify the sequence as arithmetic, geometric, or neither. Explain your answer.
mestny [16]
This sequence (1.6, 0.8, 0.4, 0.2,... ) is geometric.
We have formula for any member of geometric sequence: a_{n} = a_{1}* q^{n-1} If a1=1.6 then:0.8=1.6*q, 0.4=1.6* q^{2}, 0.2=1.6* q^{3}The solution for all these equations is: q=0.5. We have: a1=1.6, q=0.5 and this is geometric sequence.
4 0
3 years ago
Find the actual sum of 1 3/4+1 5/8 do the Turman how much David grew into years explain how you know your answer is reasonable
kotegsom [21]

Answer:

  3 3/8

Step-by-step explanation:

We assume your intended question is ...

  "Find the actual sum of 1 3/4 + 1 5/8 to determine how much David grew in two years. Explain ..." (Proper word choice and punctuation help communication.)

The sum of the two given mixed numbers can be found several ways. One way is to write the fractions using a common denominator:

  1 3/4 + 1 5/8 = 1 6/8 + 1 5/8 = (1 +1) +(6/8 +5/8) = 2 + 11/8 = 3 3/8

David grew 3 3/8 in two years.

__

Both numbers are near and slightly more than 1.5, so their sum will be near and slightly more than 3.

3 0
4 years ago
The probability that a student has a Visa card (event V) is .63. The probability that a student has a MasterCard (event M) is .1
Aleksandr-060686 [28]

Answer:

a)  The probability that a student has either a Visa card or a MasterCard is 0.71.  

b) V and M are not independent.

Step-by-step explanation:

Given : The probability that a student has a Visa card (event V) is 0.63. The probability that a student has a MasterCard (event M) is 0.11. The probability that a student has both cards is 0.03.

To find :

a) The probability that a student has either a Visa card or a MasterCard ?

b)  In this problem, are V and M independent ?

Solution :

The probability that a student has a visa card(event V) is P(V)= 0.63

The probability that a student has a MasterCard (event M) is P(M)= 0.11

The probability that a student has both cards  is P(V \cap M)=0.03

a) Probability that a student has either a Visa card or a Master Card is given by,

P(V \cup M) = P(V) + P(M) - P(V\cap M)

P(V \cup M) = 0.63+ 0.11- 0.03

P(V \cup M) =0.74- 0.03

P(V \cup M) =0.71

The probability that a student has either a Visa card or a MasterCard is 0.71.

b) Two events, A and B, are independent if P(A\cap B)=P(A)P(B)

For V and M to be independent the condition is satisfied,

P(V\cap M)=P(V)P(M)

Substitute the values,

0.03=0.63\times 0.11

0.03\neq 0.0693

So, V and M are not independent.

6 0
3 years ago
There are 110 calories per 28.4 grams of Cereal X. Find how many calories are in 39.76 grams of Cereal X
malfutka [58]

Answer:

I will help u if u help me

Step-by-step explanation:

2. Find the area of the parallelogram.

A.38cm

B.60cm

C.70cm

D.186cm

3 0
3 years ago
Read 2 more answers
Tim has two spinners , spinnerA and spinner B. Each spinner can only land on red or blue . The probability that spinner A will l
Ganezh [65]

Answer:

52

Step-by-step explanation:

<u>Spinner A</u>

  • Probability of red = 0.5,
  • Probability of blue = 0.5

<u>Spinner B</u>

  • Probability of red = 0.6,
  • Probability of blue = 0.4

<u>Probability of both A and B land on red: </u>

  • 0.5*0.6= 0.3

<u>Number of attempts to get outcome of 84 red on both spinners is:</u>

  • 84/0.3= 260

<u>Probability of both spinners land on blue:</u>

  • 0.5*0.4= 0.2

<u>Estimated number of both spinners land on blue:</u>

  • 260*0.2= 52  
4 0
3 years ago
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