Answer:
$20
Step-by-step explanation:
Company A:
Buy 300 shares at $1.45 per share.
Sell 300 shares at $1.65 per share.
Profit: ($1.65 - $1.45) * 300 = $60
Company B:
Buy 200 shares at $1.20 per share.
Sell 200 shares at $1.10 per share.
Loss: ($1.20 - $1.10) * 200 = $20
Net profit:
$40 - $20 = $20
-Move 2 units left:y=(1/x +2)
-Move 3 units up:y= (1/x +2)+3
So the equation is y= (1/x +2)+3
Answer:
6.48%
Step-by-step explanation:
t - c = b
t = 31.93
c = 29.99
b = 31.93 - 29.99
b = 6.48%