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:
Ethan = 1.(3x)
Step-by-step explanation:
Let's split "Ethan saved 1/3 more than that"
That = x
So, Ethan saved 1/3 more than x
Meaning that Ethan = x + 1/3x
Combine like terms
Ethan = 1 1/3x
which equals to
Ethan = 1.(3x)
Hope this helps :)
Have a great day
X is equal to -4. Hope I helped. If you want an explanation too I would be glad to provide that .
X^3+2x^3-4x
I use
m a t h w a y for stuff like this
Let x = The age of Michael
Let 2x-3 = The age of Michaels cousin
X+2x-3=46
x=16+1/3
X = 49 years
I think that’s the answer I’m not 100% sure though
