The answer would be D) 98.8% because if the initial price is $25 per share, then Gavin would have spent $12,500. None of the other answers make sense since if it was just 3% or 82.3%, then it would be too much to equal $150 in return. If you were to put C, then the shares would equal $4.43 each, and If you bought 500 shares, then it would equal $2,212.5 which would be way more than $150. In the other hand, D is correct because then only 1 share would equal $0.3 and that multiplied by 500 equals precisely $150.
Hope this helps!
Answer:
Its 5
Step-by-step explanation:
-3 * 5 = -15 , i.e smaller than 15.
In order to find all of these, you first must convert the percentage to a decimal. This would be 13% to 0.13.
Now, multiply 0.13 by all of these into a calculator.
1800 • 0.13 = 234
950 • 0.13 = 123.50
2200 • 0.13 = 286
3000 • 0.13 = 390
2600 • 0.13 = 338
