Answer:
Ben made $4,908.96 profit
up 31.9%
Step-by-step explanation:
Not really sure how the broker is figuring his commission. Some round to the nearest whole $1000, others pro-rate as I have done below.
Ben bought for 600($15.67) + $9.98(600(15.67)/1000) = $9,495.83
Ben sold for 600($24.25) - $9.98(600(24.25)/1000) = $14,404.79
Ben would owe capitol gains tax on 14404.79 - 9495.83 = $4,908.96
(52.75 - 40.00) / 40.00 = 0.31875 up 31.9%
Not to sure but wouldn't be 96
Answer:
1/6 4/9 1/3 1/2
Step-by-step explanation:
Answer:
The probability is 
Step-by-step explanation:
From the question we are told that
The mean values is 
The standard deviation is 
Generally the total mean is mathematically represented as

=> 
=> 
Generally the total variance is mathematically represented as

=> 
=> 
Generally the total standard deviation is mathematically represented as

=> 
=> 
Generally the probability that it takes at most 70 min of machining time to produce a randomly selected component is mathematically represented as

Here 


From the z table
The area under the normal curve to the right corresponding to 1.8587 is

So

=> 