A) The average market price is (12 + 8 + 10 + 13 + 14 + 8) / 6 = $10.83
b)
The total amount spent was: 12*8 + 8*12 + 10*10 + 13*7 + 14*7 + 8*12 =
$577. The total number of shares was: 8 + 12 + 10 + 7 + 7 + 12 = 56.
Therefore the average price per share was $577 / 56 shares =
$10.30/share.
c) Since the cost per share in June was $12, and her average cost was $10.30, dollar-cost averaging worked in her favor since her average cost was lower.
Answer:
y=1/3x-1/3
Step-by-step explanation:
Answer:
Step-by-step explanation:
Let L represent the Length of the rectangle.
Let W represent the width of the rectangle.
The formula for determining the perimeter of a rectangle is expressed as
Perimeter = 2(L + W)
Then substitute 12 in for the length and 6in for the width. It becomes.
Perimeter = 2(12 + 6).
Perimeter =2 × 18 = 36
Answer:
Step-by-step explanation:
1. 50,000 x .60
2. 50,000 x .60 = 30,000
She spends 30,000 dollars on expenses per year.
