Answer:
Step-by-step explanation:
Apply formula:
and
We get:
Hence final answer is
The answer is A because you turn the fraction in a decimal then divide by 5
I believe C is your answer.
I hope this helps!
Based on the information given the rate of return is 10.8%.
First step is to find the shares of stock price:
Shares of stock price=25 shares×$30/share
Shares of stock price= $750
Second step is to calculate the total sold price:
Total sold price= $825+$6
Total sold price= $831
Third step is to calculate the Rate of return:
Rate of return=$831-750/$750×100
Rate of return=$81/$750×100
Rate of return=10.8%
Inconclusion the rate of return is 10.8%.
Learn more about rate of return here:brainly.com/question/21691170
Answer:
2.9456k is the correct answer
