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: 3, 6, 9, 12
Step-by-step explanation:
A geometric progression has a common ratio.
2,6, 18 and 54 has a common ratio of 3. When you multiply the first number by 3, you get the second number and the same thing applies to the third number.
1, 5, 25 and 125 has a common ratio of 5. When you multiply the first number by 5, you get the second number and the same thing applies to the third number.
4, 8, 16 and 32 has a common ratio of 2. When you multiply the first number by 2, you get the second number and the same thing applies to the third number.
3, 6, 9 and 12 is an arithmetic progression as 3 is added to each number
