Answer:
x > or equal to 9.7
Step-by-step explanation:
Don't let the inequality intimidate you. Treat the > or equal sign like it is an equal sign.
Any thing you do on the right you must do on the left.
move 3 to other side
combine like terms
15x > or equal to 145.5
Divide both sides by 15
x > or equal to 9.7
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
