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kondor19780726 [428]
3 years ago
11

Isabel drove 603 miles in 9 hours. At the same rate, how many miles would she drive in 7 hours?

Mathematics
1 answer:
trapecia [35]3 years ago
4 0
469 603 divided by 9 = 67 67x 7 = 479
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Read 2 more answers
Jim owns stock in gamma vision inc. That company announces that it will split its stock with three new shares per two old shares
g100num [7]

Option C: 600 shares worth $16.67 each is the correct answer

Step-by-step explanation:

In the share market, a 2 to 3 split(mentioned in the question) means that the share holders get one half of already owned shares and the price of each share declines by one-third.

Given

Jim's shares = s = 400

Price per share =p =  $25

First of all we will calculate the new shares:

Let sn be the number of new shares

As explained above

sn = s + \frac{s}{2}\\sn = 400 + \frac{400}{2}\\sn = 400+200\\sn = 600

Now the news price will be:

New\ price = Old\ price - \frac{Old\ price}{3}\\= 25 - \frac{25}{3}\\= 25 - 8.33\\= 16.67

The new number of shares will be 600 and the price of each share will be: $16.67

Hence,

Option C: 600 shares worth $16.67 each is the correct answer

Keywords: Shares, 2-to-3 split

Learn more about stock exchange at:

  • brainly.com/question/10541435
  • brainly.com/question/10666510

#LearnwithBrainly

4 0
3 years ago
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