80
Step-by-step explanation:
5×6 = 30 and 30×8 = 240 divide that by three you get 80
Answer:
usually 2 depending on age
Answer:
80x+65 2.465 3.865
Step-by-step explanation:
x being the number of years so in ten years he will have 80x10=800+65=865
80x5=400+65=465 so 5 is the number of years it would take
and i do not understand number 1 but i put a formula just in case that was it
Answer:
a
Step-by-step explanation:
Answer:
It is 6%
Explanation:
The stock that is bought by Rick Mendez: 5,000
Own money used to buy: 2,500
Borrowed money: 2,500
Interest on borrowed money : 30
Brokerage commissions: 300
The stock is sold after one month: 5,650
Now first calculate the net profit = Selling price of stock – cost price of stock – Interest on borrowing – commission
5,650-5,000-30-300=320
Now calculate the rate of return = Net profit / cost of stock
320/5,000=.06
.06 or 6%
