Step-by-step explanation:
a.)Buying: total cost
Total cost= commission + (price per share× Number of of shares ) ;
Total cost= 11 + (19.72×30)= $591.6+11= $601.6
b.)Net gain or loss;
First, find cash received from sale of stock and deduct commission;
Cash from sale =20.75×30= $ 622.5
deduct commission= 622.5-11= $611.5
Gain or loss= sale-cost = 611.5-601.6 = $9.9, meaning there is a profit.
c.) Annual rate of return= (net gain or loss/amount paid)×100%
return= 9.9/(601.6)×100 = 1.645%
Answer:
The constant of variation is 5
Step-by-step explanation:
We know direct variation is of the form
y = kx
We know y =25 and x=5
25 = k*5
Divide each side by 5
25/5 = 5k/5
5 = k
Answer:
there is no solution
Step-by-step explanation:
1st switch sides: -x2+2x+1=0
2nd add similar elements: -2x + 2x = 0
1 = 0
Thus, this equation has no solution
hope i helped :)
Answer:
34.99in
Step-by-step explanation: