Answer:
I think B
Step-by-step explanation:
Since each share was purchased when it was still quoted at 20 1/4, then when the stock value increases, it gains (25 1/4 - 20 1/4) = $5.00 for each stock.
Since you're to sell 30 shares of your stock, that means you'll be making a profit of (30 x 5 ) = $150.00.
Thus, the answer is C<span>.</span>
Answer: Company A would be a better deal for number of minutes over 200
Step-by-step explanation:
Let x represent the number of minutes that you would use with either company A or company B.
Company A has a monthly charge of $10 plus 5¢ a minute for each minute of long distance calls. It means that the cost of x minutes of long distance call is
10 + 0.05x
Company B has a monthly charge of $8 plus 6¢ a minute for long distance calls. It means that the cost of x minutes of long distance call is 10 + 0.05x
8 + 0.06x
For Company A to be a better deal, it means that
10 + 0.05x < 8 + 0.06x
10 - 8 < 0.06x - 0.05x
2 < 0.01x
0.01x > 2
x > 2/0.01
x > 200
