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
Answer: 6.13
Step-by-step explanation:
From the question, we are informed that MUSIC Randall recorded 8 songs on his most recent CD and that the total length of the CD is 49 minutes.
The unit rate to represent the average length per song on the CD will be calculated by dividing 49 by 8. This will be:
= 49 minutes / 8
= 6.125 minutes per song
= 6.13 to nearest hundredths
Answer:
$1.25
Step-by-step explanation:
90 / 72 = the cost per student
90 / 72 = 1.25
Answer:
$425
Step-by-step explanation:
Let x represent the number of bracelets made and let y represent the number of necklace made.
Since the craftsman has 1000 beads to work with, hence:
10x + 20y ≤ 1000 (1)
Also, the craftsman has 1600 minutes, hence:
10x + 40y ≤ 1600 (2)
From ploting equations 1 and 2 on the geogebra online graphing, we can see that the solution to the problem is (40, 30).
Since the bracelet costs $5 and a necklace costs $7.50, hence the maximum revenue is:
Revenue = 5x + 7.5y = 5(40) + 7.5(30) = $425
