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2 years ago

Giovanni bought 30 shares of Stock XYZ at the close price of $6.31. He

Mathematics

2 answers:

Bond [772]2 years ago

4 0

Answer:

$494

Step-by-step explanation:

30 * 6.31 + 16 = $205.30

30 * 9.09 + 16 = $288.70

Total = $494

Diano4ka-milaya [45]2 years ago

3 0

Answer:

Use the explantion to answer your question

Step-by-step explanation:

Amount he paid for first 20 shares

= $25 + (20 x $10.51)

= $25 + $210.20

= $235.20

Amount he paid for next 20 shares

= $25 + (20 x $8.93)

= $25 + $178.60

= $203.60

Thus, total amount paid

= $235.20 + $203.60

= $438.80

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Let w = number of weeks.

In week w,
Laura has: 720 + 30w
Taylor has: 1200 - 30w

Set the two amounts equal and solve for w, the number of weeks.

720 + 30w = 1200 - 30w

60w = 480

w = 8

They will have the same amount of money in 8 weeks.

Laura will have in 8 weeks:
720 + 30w = 720 + 30 * 8 = 720 + 240 = 960

Taylor will have in 8 weeks:
1200 - 30w = 1200 - 30 * 8 = 1200 - 240 = 960

They will both have $960 in 8 weeks.

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