2.
5x+6=3x+4
2x=-2
x= -1
3.
7n-29=4n+7
3n=36
n=12
1. $50,000. divided by 1000 shares = $50. per share
2. The market price is 49 1/4, or $49.25
3 . It is selling par.(Par =$50,selling$49.25)
4. 20 shares * $5. = $100.
5. You sell one share for 49 1/4 and your cost is 41 1/8 +1/8 =41 1/4
Your profit is $8. * 72 =$576. - $32.52 = $543.48
Total investment is 72 * 41 1/8 = $2961.
% of profit: 543.48/2961= x/100, so x = 18.354609%
