Answer:
I think it's 7.93725
I'm not sure if I did this correctly
Answer:the correct answer should be d.2.07
Step-by-step explanation:
Based on the information given the rate of return is 10.8%.
First step is to find the shares of stock price:
Shares of stock price=25 shares×$30/share
Shares of stock price= $750
Second step is to calculate the total sold price:
Total sold price= $825+$6
Total sold price= $831
Third step is to calculate the Rate of return:
Rate of return=$831-750/$750×100
Rate of return=$81/$750×100
Rate of return=10.8%
Inconclusion the rate of return is 10.8%.
Learn more about rate of return here:brainly.com/question/21691170
Answer:
about 11.5
Step-by-step explanation: i think this is right
Answer:
Lisa is 5 years old
Step-by-step explanation:
we can make an equation like
4x=15+x
X can represent Lisa’s current age
Now just solve for X
3x=15
x=5
And we can check
If Lisa is 5 years old now
In 15 years she would be 20
And 20 is 4 times as 5 which Is her current age
So Lisa is 5 years old now.
