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:
D is the answer
Step-by-step explanation:
multiple the exponents when the equation is in parenthesis like that! and do 3 cubed which equals 27.
Answer:
7. 25% of the merchants who purchase goods from Asia also purchase from Europe.
Step-by-step explanation:
I am going to say that:
A is the percentage of merchants who purchase goods from Asia.
B is the percentage of merchants who purchase goods from Europe.
We have that:

In which a is the probability that a merchant purchases goods from Asia but not from Europe and
is the probability that a merchant purchases goods from both Asia and Europe.
By the same logic, we have that:

Which of following statement is individually sufficient to calculate what percent of the merchants in the group purchase goods from Europe but not form Asia?
We already have B.
Knowing
, that is, the percentage of those who purchase from both Asia and Europe, we can find b.
So the correct answer is:
7. 25% of the merchants who purchase goods from Asia also purchase from Europe.
Answer:
Therefore, the conclusion is valid.
The required diagram is shown below:
Step-by-step explanation:
Consider the provided statement.
Premises: All good students are good readers. Some math students are good students.
Conclusion: Some math students are good readers.
It is given that All good students are good readers, that means all good students are the subset of good readers.
Now, it is given that some math students are good students, that means there exist some math student who are good students as well as good reader.
Therefore, the conclusion is valid.
The required diagram is shown below:
Answer:
x = -11/5 and y = 24/5
Step-by-step explanation:
Use elimination.
First, we need to multiply so that at least one variable can cancel out.
We can multiply the top equation by 2.
So we get
4x + 6y = 20
Then, we can use elimination.
The x's cancel out.
So we get 5y = 24
Or y = 24/5
Then, we can plug in this y value back into the first equation to find x.
2x + 3(24/5) = 10
2x + 72/5 = 50/5
2x = -22/5
x = -11/5
So x = -11/5 and y = 24/5