The stock price per share was $8.60
Number of shares bought 1000
Total price for the shares:
(Cost per share)*(Number of shares)
=8.60*1000
=$8600
The stock price after 1 year $9.15
Total number of shares is 1000
Current price=(current share price)*(number of shares)
9.15*1000
=$9150
current value=(Current price)-(buying price)
=9150-8600
=$550
Net Profit=(Current value)-(Expenses)
=550-14
=$536
If you would like to solve the inequality 12 * p + 7 > 139, you can do this using the following steps:
12 * p + 7 > 139
12 * p > 139 - 7
12 * p > 132 /12
p > 132/12
p > 11
The correct result would be p > 11.
2x^4
13b-10
5y+10
5a^3
2b^2+8a
Answer:Let P = initial investment
r = annual interest rate (decimal form)
t = number of years
A(t) = amount after t years
Then, A(t) = Pert
A(12.5) = 800e(0.0265)(12.5)
= 800e0.33125
= $1114.17
Step-by-step explanation:
