Based on the information given the rate of return is 10.8%.
First step is to find the shares of stock price:
Shares of stock price=25 shares×$30/share
Shares of stock price= $750
Second step is to calculate the total sold price:
Total sold price= $825+$6
Total sold price= $831
Third step is to calculate the Rate of return:
Rate of return=$831-750/$750×100
Rate of return=$81/$750×100
Rate of return=10.8%
Inconclusion the rate of return is 10.8%.
Learn more about rate of return here:brainly.com/question/21691170
Step-by-step explanation:
Convert the given value in cm into feet and inches.
<u>Use the unit rates:</u>
- 1 foot = 30.48 cm
- 1 inch = 2.54 cm
<u>Convert:</u>
- 170 cm = 170/30.48 feet = 5.58 feet (rounded)
- 170 cm = 170/2.54 inches = 66.93 inches
or
- 170 cm = 5 feet and 17.6 cm = 5 feet and 7 inches (rounded)
