Answer:
Eleanor's net proceeds would be $1340.16.
Step-by-step explanation:
If Eleanor purchased $2568 worth of stock and paid a 0.5% broker fee, she would have to pay $12.84 for the service, which is what we get when we multiply her initial purchase by the percentage (0.005). When Eleanor sold the stock at $3928, she had to pay a flat fee of $7 for the trade, decreasing her overall profit by $7, or $3921. Subtracting her initial investment from the overall profit gives Eleanor a net proceed of $1340.16.
Answer:
$6.88
Step-by-step explanation:
We are trying to compare two options: Buying a magazine for 12 months or for just 1 year.
To solve this, we can multiply the monthly rate by 12 because there are 12 months in a year.
5.99 x 12 = 71.88
The other option is to just pay $65 dollars for a whole year (12 months).
Comparing the two options, we see paying for the whole year is cheaper than paying for each month individually. Because of this, we can subtract $65, the cheaper option, from $71.88 to get $6.88
Chris will save $6.88 by paying for the whole year instead of purchasing for each month.
Answer:
13.4 units
Step-by-step explanation:
(4x5+10)/10= (20+10)/10= 30/10=3
