1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
labwork [276]
3 years ago
8

Kyle buys $30,000 of company XYZ's shares, at a share price of $50. A year later, XYZ's share price is $55, and Kyle sells all h

is shares. How many dollars did Kyle's investment gain
Mathematics
2 answers:
Ivan3 years ago
5 0

Answer:

10%

Step-by-step explanation:

x - amount of shares bought

x * 50[$] = 30000[$]

x = 30000/50 = 600

if he bought 600 shares then he sold earning in total:

600 * 55[$] = 33000[$]

that means investmant gain can be calculate as:

return on investment =  (gain from investment – cost of investment) / cost of investment

return on investment = (33000 - 30000) / 30000 = 3000/30000 =0.1 = 10%

creativ13 [48]3 years ago
4 0

Answer:

$3,000

Step-by-step explanation:

Given that the shares are $50 per share and that Kyle buys $30,000 worth of shares,

Number of shares bought = total price of shares ÷ price per share

= $30,000 ÷ $50

= 600 shares

We are also give that a year later, the shares are worth $55

Total value of shares 1 year later = Price per share one year later x number of shares

= $55 x 600

= $33,000

Hence the investment gained $33,000 - $30,000 = $3,000

You might be interested in
The sum of five-eights and x is one-fourth
Nat2105 [25]

Answer:

0.625

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Based on your value of x in question #1, what is the value for ∠EHF
Ludmilka [50]

Answer:

∠EHF = 132°

Step-by-step explanation:

Both angles lie on a straight line.

=====================

  • ∠EHF + ∠FHG = 180°
  • 2(x) + 48° = 180°
  • 2(x) = 180° - 48°
  • 2(x) = 132°
  • x = 66°

Then ∠EHF :

  • 2(x)
  • 2(66)
  • 132°
6 0
2 years ago
The solutions to the inequality y > - 3x + 2​
bonufazy [111]

not enough information to solve it as there are two unknowns in one inequality

4 0
3 years ago
-2x-y=-9<br> 5x-2y=18<br> substitution
KIM [24]
-2x-y=-9 \\&#10;5x-2y=18 \\ \\&#10;\hbox{solve the first equation for y:} \\&#10;-2x-y=-9 \ \ \ |+2x \\&#10;-y=-9+2x \ \ \ |\times (-1) \\&#10;y=9-2x \\ \\&#10;\hbox{substitute 9-2x for y in the second equation:} \\&#10;5x-2(9-2x)=18 \\&#10;5x-18+4x=18 \\&#10;9x-18=18 \ \ \ |\div 9 \\&#10;x-2=2 \ \ \ |+2 \\&#10;x=4 \\ \\&#10;y=9-2x=9-2 \times 4=9-8=1 \\ \\&#10;\boxed{(x,y)=(4,1)}
6 0
2 years ago
Read 2 more answers
Korey is planning to open a comic book store. He has developed the following expense breakdown for set-up and operation for the
pentagon [3]
The total amount of cash money that Korey have is the summation of his savings and his inheritance which is equal to Korey cash = $8500 + $25,000.
To identify the amount needed to be funded by loans or investors, we need to know first the total of expenses plus set-up plus operation expenses and other expenses to operate the bookstore subtracted by his savings.

Thus, let "AL" be the amount needed through loans while letting "TE" for total expenses.

AL=TE-($8500+$25000)
AL=TE-$33,500

This is the equation needed to determine the amount needed.


8 0
3 years ago
Read 2 more answers
Other questions:
  • A scatter plot is shown. Data points are located at 1 and 9, 3 and 5, 5 and 6, 4 and 4, 2 and 7, and 6 and 4. A line of best fit
    5·2 answers
  • A family has two cars during one particular week the first car consume 25 gallons of gas and the second consumed 15 gallons of g
    13·1 answer
  • A car travels 150 miles on 12 gallons of gasoline. How many gallons of gasoline are needed to travel 500 miles.
    6·2 answers
  • Please help me ASAP.. WILL MARK BRAINLIEST
    10·1 answer
  • Write the percent and fraction equivalents.<br> 1.07<br> please help!
    8·1 answer
  • Find the y-intercept for each of the new equations:
    6·1 answer
  • What do you get when you distribute the -4 to the (11 - 2x)
    6·1 answer
  • You buy a house for $250,000. Its value increases by 3% every year, How much is your house worth in 5 years?
    14·2 answers
  • Can someone help me on this.
    6·2 answers
  • Investors buy a studio apartment for $150,000. Of this amount, they have a down payment of
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!