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
victus00 [196]
2 years ago
10

McKenzie buys 250 shares of stock for $12 a share and pays a 2% commision. She sells the stock 3 years later for $18 a share and

pays 1% commission. What are her net proceeds?
Mathematics
1 answer:
Artemon [7]2 years ago
5 0
250 shares for $ 12 per share......250 * 12 = 3000
plus the 2% commission......3000(1.02) = 3060...so the commission is $ 60

she then sells her stock (250 shares) for $ 18 a share....
250 * 18 = 4500
plus the 1% commission....4500(1.01) = 4545...so the commission is $ 45

net proceeds is the amount received by the seller after all costs and expenses are deducted...

expenses : 3000 + 60 + 45 = 3105
revenue : 4500

net proceeds = 4500 - 3105 = $ 1395 <==


You might be interested in
Identify the form of each equation. 7x + 5y = 8 is in (select) . y − 5 = 3 (x − 9) is in (select) . y = 7x + 9 is in (select) .
erik [133]

Answer:

Let's define all the possible forms:

slope-intercept: y = a*x + b

point-slope: y - y1 = a*(x - x1)   (where (x1, y1) is a point in the line)

standard form: a*x + b*y = c

then:

a) 7x + 5y = 8

This is in standard form.

b) y − 5 = 3*(x − 9)

This is in point slope form.

c) y = 7x + 9

This is in slope-intercept form.

d) 8x − 9y = −2

This is in standard form.

5 0
3 years ago
56 to 56 as a Fraction in simplest form
Natasha_Volkova [10]

Answer:Find the GCD (or HCF) of numerator and denominator

GCD of 56 and 100 is 4

Divide both the numerator and denominator by the GCD

56 ÷ 4

100 ÷ 4

Reduced fraction:

14

25

Therefore, 56/100 simplified to lowest terms is 14/25

Step-by-step explanation:

hope this helps have a great day

3 0
2 years ago
Ok. Last one please help me. I will give you 5 stars, and a like
____ [38]

Answer:

3.14

Step-by-step explanation:

The five dollars subtracting what he had left. so that gives you 3.14

☭

8 0
2 years ago
Read 2 more answers
Is this a function? Yes or No
tester [92]

Answer:

No

Step-by-step explanation:

Because the number 4 repeats itself in a function no numbers repeat themselves

4 0
3 years ago
Read 2 more answers
Please someone smart help please
Anarel [89]

Answer:

10

Step-by-step explanation:

6 0
2 years ago
Other questions:
  • The expression 1/2 H B1 + B2 use the area of a trapezoid with B1 and B2 representing the two bases length of a trapezoid and h r
    13·2 answers
  • I am completely lost.
    15·1 answer
  • What is the next value 1I2L3F4
    14·1 answer
  • The pineapple is seven times as heavy as an orange or pineapple also weighs 870 g videos in the orange what is the total weight
    9·2 answers
  • Urgent!!!!pleasehelp
    10·1 answer
  • Ariel receives
    12·1 answer
  • What is the area of a rectangle with a length of 12in and a hight of 4.5 in
    15·1 answer
  • Help me for brainetest
    14·2 answers
  • Select all of the equations below that are equivalent to:
    11·1 answer
  • The first few steps in deriving the quadratic formula are shown.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!