Answer:
Rate of Return is 14.8%
Step-by-step explanation:
We know that 20 shares of Stock are purchased for $30 per share.
This gives us a total value of: 20 × 30 = $600.
Now, the shares are sold for $710 with a commission sale of $6. This means the final money going to the seller is; 710 – 6 = $704.
Thus, the rate of return percentage is = (704 – 600)/704) × 100% = 14.7727%
To the nearest tenth gives us 14.8%
Answer:
The inequality that comes from this equation is -2 < x < 0
Step-by-step explanation:
In order to solve this equation, we need to start by solving for the absolute value portion of the equation.
-5l2x + 2l + 7 > -3
-5l2x + 2l > -10
l2x + 2l < 2
Now we need to split the equation into two different portions. One with the absolute value symbol taken away. Then we do it again with the symbol flipped and the answer negated.
2x + 2 < 2
2x < 0
x < 0
And the negated version.
2x + 2 > -2
2x > -4
x > -2
That would be 8 because the answer is 8.21 and you round down to 8
