<u><em>Answer:</em></u>
A. $4397.9
<u><em>Explanation:</em></u>
We are given that Kendra sold 200 shares and that the price per share was $22.1
<u>This means that:</u>
Total value = 200 * 22.1 = $4420
Now, we know that the broker charged 0.5% commission on the total value
<u>This means that:</u>
Broker's charge = 0.5% * 4420 = 0.005 * 4420 = $22.1
<u>Therefore,</u>
Kendra's return = Total value - broker's charge
Kendra's return = 4420 - 22.1 = $4397.9
Hope this helps :)
Answer:
500-200=300 300 divided by 25 give you x, the number of months
Step-by-step explanation:
Step-by-step explanation:
step 1. 12x - 15 - 12x = 7x + 20
step 2. 12x - 12x - 15 = 7x + 20 (grouping of terms)
step 3. -15 = 7x + 20 (adding like terms)
step 4. -35 = 7x (subtract 20 from both sides)
step 5. this step is incorrect.
step 6. -5 = x ( divide both sides by 7)
step 7. x = -5 (put the variable first).
P = $70, p = 2.5% = 0.025
q = 1 + 0.025 / 12 = 1.002
Future value of a periodic deposit:
A = P · q · ( q^30 - 1 ) / ( q - 1 )
A = 70 · 1.002 · ( 1.002^30 - 1 ) / ( 1.002 - 1 )
A = $2,166
Answer:
He will have $2.166 in 30 months.
Answer: 14.4
Step-by-step explanation:
x:8.3 = 11.6:6.7
x = 11.6:6.7*8.3 = 14.4
