Where’s the graph for the problem?
Every hour he bikes 13 miles:)))
1. $50,000. divided by 1000 shares = $50. per share
2. The market price is 49 1/4, or $49.25
3 . It is selling par.(Par =$50,selling$49.25)
4. 20 shares * $5. = $100.
5. You sell one share for 49 1/4 and your cost is 41 1/8 +1/8 =41 1/4
Your profit is $8. * 72 =$576. - $32.52 = $543.48
Total investment is 72 * 41 1/8 = $2961.
% of profit: 543.48/2961= x/100, so x = 18.354609%
Answer:
20 and 24
Step-by-step explanation:
You can write 5:6 as 5x:6x. You know that 5x+8=7x or that 6x+8=8x. You can solve either one and then you get x=4. Then you can plug it in. I hope this is helpful!