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:
15x3y.
Step-by-step explanation:
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Answer:
radius 2
Step-by-step explanation:
Answer:
Brand A
Step-by-step explanation:
Comment
The question is one of finding out what the unit cost is.
Brand A: $4.59 has a count of 40
Brand B: $3.99 has a count of 30
Brand A
unit = 4.59 / 40 = 0.115
<em>Rounded: 0.12</em>
Brand B
unit = 3.99 / 30 = 0.133
<em>rounded: 0.13</em>
Brand A even with proper rounding is the better buy
Fee of $65
$10.50 per hour
'x' represents hours
Therefore we have:
y = 10.50x + 65
Because 10.50 is the cost per hour, and x represents hours, so we put these together. 65 is a one-time fee, so we just add it on.
