Hi there, we know the total number of stocks bough is 20, the rate was 31 1/2=63/2, 20*63/2=10*63=630 dollars, the rate they were sold is 35 1/4=141/4 dollars, 5*141=705 dollars, the amount of profit is 20 stocks. So, 705-630=75 dollars. So, the answer is C. You made a profit of $75.00
You net worth will decrease because you’re paying a loan from the money that you have. While your net worth decreases your liabilities will decrease because you will no longer have a loan to pay for.
C=3 that’s the answer I think
Answer:
the first and third should be the correct answer I hope this helps
