The stock price per share was $8.60
Number of shares bought 1000
Total price for the shares:
(Cost per share)*(Number of shares)
=8.60*1000
=$8600
The stock price after 1 year $9.15
Total number of shares is 1000
Current price=(current share price)*(number of shares)
9.15*1000
=$9150
current value=(Current price)-(buying price)
=9150-8600
=$550
Net Profit=(Current value)-(Expenses)
=550-14
=$536
One scarf=s
One hat=h
2s+h=13
s+2h=14
h=13-2s
(plug that into the other equation)
s+2(13-2s)=14
s+26-4s=14
26-3s=14
-3s=-12
s=4
One hat=$5
One scarf=$4
5+4=9
Price of one hat AND one scarf is $9
Answer:
1.3
Step-by-step explanation:
5x+7x+6-26=29
12x-20=29
12x=29-20
12x=9
x=1.3
answere=-1
this is the answere and the explanation.
