Answer:
The net gain or profit is $600
Step-by-step explanation:
Firstly, we should know the losses of the customer which were:
9 when the customer bought 1 MCS Oct 50
1 when the customer bought back 1 MCS Jul 50
Therefore the total losses were 10.
And the gains were:
4 when the customer sold 1 MCS Jul 50
12 when the customer sold 1 MCS Oct 50
Therefore the total gains were 16.
Therefore (16 - 10)×100 = $600
Therefore the net gain or profit is $600
Answer:
6 poinnts per question
Step-by-step explanation:
Estimation would give you an answer close to the actual answer so you can see if your answer is reasonable depending on how close the estimate is
The upper one is correct. Because 0,75% = 0,0075 ( :10) and since the interest rate is positive it has to be 1 + ...