Answer:
so easy and obvious dude
Step-by-step explanation:
Answer:
It is 6%
Explanation:
The stock that is bought by Rick Mendez: 5,000
Own money used to buy: 2,500
Borrowed money: 2,500
Interest on borrowed money : 30
Brokerage commissions: 300
The stock is sold after one month: 5,650
Now first calculate the net profit = Selling price of stock – cost price of stock – Interest on borrowing – commission
5,650-5,000-30-300=320
Now calculate the rate of return = Net profit / cost of stock
320/5,000=.06
.06 or 6%
Answer:
a(n) = -20 + 3(n - 1)
Step-by-step explanation:
a(n) = -20 + 3(n - 1)
21.30•4=85.20
85.20+8=93.20
Answer=Dara has $93.20
3/4 of 80 is 60, so the distance is 60 km. 45/60 is 3/4, which is how you get the answer
