Answer:
The amount of stock for which both brokers would charge the same commission is $2500.
Step-by-step explanation:
i) Let the amount of stock to be traded be worth $x
ii) therefore for both the brokers to charge the same commission we can write
1% of x = $25 
0.01 
x = 25 
x = 
The amount of stock for which both brokers would charge the same commission is $2500.
Answer: Im 99.9% sure that its 4.48
Step-by-step explanation: 17 1/8 is 17.13 as a Decimal and that subtrcated by 12.65 is 4.48 :)
<span>You can calculate percentages by first finding what 10% of a value is and then what 5 or 1% is. From there you can multiply to find multiples and then add to get the required percentage.</span>
Step-by-step explanation:
9 = a7 + b
-2 = a9 + b
b = 9-7a and b = - 2-9a
9 - 7a = - 2-9a
2a = - 11
a = - 5.5
b = 9 - 5.5*7 = - 29.5
y = -5.5x - 29.5
Answer:
155,588
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = growth rate
N = number of years 2021 - 2014 = 7
130,000(1.026)^7 = 155,587.6
rounding off to the nearest whole number is 155,588
To round off to the nearest whole number, look at the first number after the decimal, if it is less than 5, add zero to the units term, If it is equal or greater than 5, add 1 to the units term.
