Given that the total profit is <u>$2400.00</u> and he made <u>$30.00</u> in profit for each share.
Number of shares = $2400 ÷ 30 = 80
Answer: He bought 80 shares
Since the events are independent and can be reduced to two outcomes, we can solve it using the binomial formula.
Answer:

Step-by-step explanation:
The midpoint is essentially a point with the average of the 2 x-coordinates and the 2 y-coordinates.
The formula is:

We are given two points: A (7,0) and B (0, 3). Remember points are written as (x, y).
Therefore,

Substitute the values into the formula.

Solve the numerators first.

The midpoint can be left like this because the fractions are reduced, but it can be written as decimals too.

9^4 + 3^3
= 9•9•9•9 + 3•3•3
= 6,561 + 27
= 6,588