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3 years ago

You invest $2,500.00 in a stock plan, buying 125 shares. If each share increases in value by 10%, how much is each share worth?

2 answers:

7 0

You work out the price of each share:
$2500 ÷ 125 = $20 each
10% of that is $2, which added on means the share is worth $22

Hope it helps:-)

Andrew [12]3 years ago

3 0

Answer:

Worth of each share after the increase in price = $22

Step-by-step explanation:

Total amount of money invested in a stock plan = $2500

Number of shares bought in the stock plan = 125

$\text{Now, Amount of 1 share that is bought in the stock plan = }\frac{2500}{125}$

⇒ Amount of 1 share that is bought in the stock plan = $20

Percentage by which the price of each share is increased = 10%

So, Worth of each share after the increase in price = 20 + 10% of 20

⇒ 20 + 0.10 × 20

⇒ 20 + 2

⇒ $22

Hence, Worth of each share after the increase in price = $22

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1. Find the product. Simplify. 13/14 of 10/9. A. 15/42 B. 5/21 C. 2/7 D. 5/6 2. Andy has 5 pots, and each pot can hold 3/8 pound

Rufina [12.5K]

1) Resultant fraction: $\frac{65}{63}$

2) Total soil: $1\frac{7}{8}$ pounds

3) Result of the product: $\frac{35}{2}$

Step-by-step explanation:

In this problem, we want to find the product between the two fractions

$\frac{13}{14}$

and

$\frac{10}{9}$

In order to find this product, we have to multiply the numerators of each fraction and the denominators of each fraction. We get:

$\frac{13}{14}\cdot \frac{10}{9}=\frac{13\cdot 10}{14\cdot 9}=\frac{130}{126}$

Now we simplify, dividing both numerator and denominator by 2:

$\frac{130/2}{126/2}=\frac{65}{63}$

And the fraction cannot be further simplified.

Here we have:

n = 5 (number of pots that Andy has)

$s=\frac{3}{8}$ (amount of soil (in pounds) that each pot can contain)

In order to find the amount of soil that Andy needs to fill all the pots, we have to multiply the number of pots (n) by the amount of soil that each pot can contain (s).

If we do so, we find:

$t=n \cdot s = 5 \cdot \frac{3}{8}=\frac{5\cdot 3}{8}=\frac{15}{8}$

Which can be rewritten as a mixed fraction as:

$\frac{15}{8}=\frac{8+7}{8}=\frac{8}{8}+\frac{7}{8}=1\frac{7}{8}$

Here we want to find the result of the following product:

$4\frac{2}{3}\cdot 3\frac{3}{4}$

In order to do so, we first have to rewrite each fraction as an improper fraction.

For the 1st fraction:

$4\frac{2}{3}=\frac{4\cdot 3+2}{3}=\frac{12+2}{3}=\frac{14}{3}$

For the 2nd fraction:

$3\frac{3}{4}=\frac{3\cdot 4+3}{4}=\frac{12+3}{4}=\frac{15}{4}$

Now we can finally find the product of the two fractions:

$\frac{14}{3}\cdot \frac{15}{4}=\frac{14\cdot 15}{3\cdot 4}=\frac{210}{12}=\frac{35}{2}$

Where in the last step, we divide both the numerator and the denominator by 6.

Learn more about fractions:

brainly.com/question/605571

brainly.com/question/1312102

#LearnwithBrainly

6 0

3 years ago

On a number line what is the distance between-3/7 and -2/3

Nikitich [7]

Is simply their difference,

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\\\\\\
\cfrac{-9+14}{21}\implies \cfrac{5}{21}$

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3 years ago

1.588 x 10 to the negative 4th power

damaskus [11]

1588 is the answer hope this helps you

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3 years ago

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Evaluate the expression a +7 when a=4, b=2, and c=8

tatyana61 [14]

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