The rate of return on the purchase of the shares of stock given its selling price and purchase price is $99.
<h3>What is the rate of return?</h3>
The rate of return can be described as the total profit that is earned from the sale of the shares of stock.
Rate of return = selling price - total purchase price - commission
$330 - ($15 x 15) - $6 = $99
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Answer:
C. Ф = 4 radians
Step-by-step explanation:
Given,
Radius of the Circle (r) = 3cm
Length of the Arc (S) = 12cm
In any circle of radius r, the arc length S to the circumference equals the ratio of the angle θ subtended by the arc at the centre and the angle in one revolution. Thus, measuring the angles in radians, S=rθ.
Therefore, S = r*Ф
12 = 3*Ф
Hence, Ф = 4 radians
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Answer:
8.08
Step-by-step explanation:
He announced that the US would no longer convert dollars to gold at fixed value