1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ratling [72]
3 years ago
11

You buy 100 shares of a company stock at $9.75 per share and place the same amount in a savings account earning 4.5% APR. The st

ock gained 8% in the first year. What is the difference in total value between your stocks and savings account by the end of the first year?
Mathematics
2 answers:
iris [78.8K]3 years ago
8 0

Took test and it's $34.12

MakcuM [25]3 years ago
5 0
Savings account100 shares x $9.75 = $975, then multiplied by 0.045 will result to $43.89.
Stock100 shares x $9.75 = $975, then multiplied by 0.08 will result to $78.00.
So, the difference between your stocks and savings account by end of the year is $34.11 ($78.00 deducted by $43.89).Your stock is gaining higher APR by $34.11 than what's calculated in your savings account. 
You might be interested in
Annette has finished 20 of her homework problems. That is 80% of the total assinged by her math teacher. How many pronlems were
horrorfan [7]
So 20=80%' % means out of 100 so 80%=80/100 so 20=80/100 we try to get to 100/100 so 20=80/100 5=20/100 5 times 20=100 so 25=100/100 there were 25 questions total
7 0
3 years ago
The expression 1500(1.14)t represents the value of a $1500 investment that earns 14% interest per year, compounded annually for
Ipatiy [6.2K]
I need a bad bleep uh Addison Rae
8 0
4 years ago
Joey is buying plants for his garden. He wants to have at least twice as many flowering plants as nonflowering plants and a mini
vodomira [7]
(24, 12) and (36, 0).  The least amount of flowering plants occurs when x=2y, and the largest amount occurs when y=0.  These two points satisfy both conditions and both sum to 36.
7 0
3 years ago
Read 2 more answers
A piggy bank contains 36 coins that consists of dimes and quarters totaling $5.85 how many quarters are in the piggy bank in you
Lesechka [4]
The main idea here is to "translate" the words into maths. 
First we need to identify the unknowns and label these. 

We need to know the number if dimes and the number of quarters. So lets say
x: number of dimes
y: number of quarters

Now lets write equations from the written problem. 
We know that there are 36 coind total, thus: 
x + y = 36
We also know that the coins total 5.85 dollars, but it is better to count in cents, that is 585 cents. 
x are the number of dimes, their value is x*10
y are quarters with value of y*25
thus: 
10x+25y=585

We have two equations and two unknowns now, that needs to be solved to get the answer. 

x + y = 36
10x+25y=585


4 0
3 years ago
Read 2 more answers
Find the area of each sector <br><br><br><br>3m <br>150°​
Oksanka [162]

Answer:

\frac{150}{360}  \times \pi \times {3}^{2}  \\ 2.4 \times \pi \times 9 = 11.780 {m}^{2}

7 0
4 years ago
Other questions:
  • Consider the following equations. f(x)= x^3 +3x^2 -2x+1 g(x)= x^2-5x+4 Approximate the solution to the equation f(x) = g(x) usin
    15·2 answers
  • What is the answer of cscx/secx
    11·1 answer
  • It is b dont be fooled its not c it is b
    15·1 answer
  • Find the first, fourth, and eighth terms of the sequence.
    8·1 answer
  • PLEASE HELP!! I believe you can do it, i just couldn't do it myself but i tried.. Pleaseee help!!
    6·1 answer
  • What value of x makes 3x+7=22
    5·2 answers
  • Solve the equation.
    12·2 answers
  • The area of a planned garden can be modeled by the equation A= -4w2 + 64w,
    13·2 answers
  • 2 A sample of two items is selected without replacement from a batch. Describe the (ordered) sample space for each of the follow
    12·1 answer
  • HELP ASAP LIKE RIGHT NOW
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!