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NARA [144]
2 years ago
11

An investor buys 400 shares of stock in a fund when the net asset value is $19.62 and the offer price is $19.84. The investor se

lls these shares when the net asset value is $43.19 and the offer price is $43.56. Determine the amount of profit the investor earns. a. $9,576 b. $9,488 c. $9,428 d. $9,340
Mathematics
2 answers:
Oxana [17]2 years ago
8 0
Your Answer would be D. $9,340
Vinvika [58]2 years ago
4 0

Answer:

Option d. Investor earns profit of $9,340.

Step-by-step explanation:

An investor buys stock in a fund = 400 shares

Net Asset Value (NAV) = $19.62

Offer Price = $19.84

Total cost price of shares = 19.84 × 400 = $7936.00

He sells these shares when

Net Asset Value (NAV) = $43.19

Offer Price = $43.56

Total selling price of shares = 400 × 43.19 = $17,276.00

Total profit = 17,276 -7,936 = $9,340.00

Investor earns profit of $9,340.

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3 0
3 years ago
1) write a system on equations with the solution (2, -3). Work the problem out using the substitution method
solmaris [256]

The system of the equations that have the solution of (2, -3) are given below.

3x + 2y = 0 and 3y = 2x - 13

<h3>What is the linear system?</h3>

A Linear system is a system in which the degree of the variable in the equation is one. It may contain one, two, or more than two variables.

Write a system of equations with the solution (2, -3).

From a single point, an infinite number of lines pass through this point.

Let one line is passing through the origin. Then the equation of the line will be

\rm y  = \dfrac{-3}{2} (x)\\\\y = -1.5x

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Then this line also passes through a point (2, -3). Then the value of c will be

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More about the linear system link is given below.

brainly.com/question/20379472

#SPJ4

8 0
1 year ago
7xy + 8z - 2z + 12xy + 10z
cestrela7 [59]

Answer:

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Step-by-step explanation:

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7 0
3 years ago
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3 years ago
A rectangular tank has length 4m, width 12m and height 3.5..i. If the tank is filled with water 2/3 of its capacity ,calculate t
ipn [44]

Answer:

The volume of the water in the tank is 112 m³

Step-by-step explanation:

The volume of the rectangular prism V = L × W × H, where

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  • W is its width
  • H is its height

∵ A rectangular tank has a length of 4 m, a width of 12 m, and

   a height of 3.5 m

∴ L = 4 m

∴ W = 12 m

∴ H = 3.5 m

∵ V = L × W × H

∴ The volume of the tank = 4 × 12 × 3.5

∴ The volume of the tank = 168 m³

∵ The tank is filled with water  \frac{2}{3} of its capacity

→ That means the volume of the water is  \frac{2}{3}  the volume of the tank

∵ The volume of the water = \frac{2}{3} the volume of the tank

∴ The volume of the water =  \frac{2}{3} × 168

∴ The volume of the water = 112 m³

∴ The volume of the water in the tank is 112 m³

3 0
3 years ago
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