Answer:
$240
Step-by-step explanation:
I = prt
I = (2,400) (0.04) (2.5)
note: I changed 4% to a decimal and 30 months to 2.5 years
I = 96 (2.5)
I = 240 <-- The interest
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The simple interest accumulated on a principal of $ 2,400.00 at a rate of 4% per year for 2.5 years (30 months) is $240.00.
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* Last time I did interest was in 6th grade and I don't remember much. So I am very sorry if my answer is wrong *
Since each share was purchased when it was still quoted at 20 1/4, then when the stock value increases, it gains (25 1/4 - 20 1/4) = $5.00 for each stock.
Since you're to sell 30 shares of your stock, that means you'll be making a profit of (30 x 5 ) = $150.00.
Thus, the answer is C<span>.</span>
Answer:
5 green marbles.
Step-by-step explanation:
20* 1/4 = 5
120 : 8 = 15
and 15 x 20 = 300, so the answer is C
