250 shares for $ 12 per share......250 * 12 = 3000
plus the 2% commission......3000(1.02) = 3060...so the commission is $ 60
she then sells her stock (250 shares) for $ 18 a share....
250 * 18 = 4500
plus the 1% commission....4500(1.01) = 4545...so the commission is $ 45
net proceeds is the amount received by the seller after all costs and expenses are deducted...
expenses : 3000 + 60 + 45 = 3105
revenue : 4500
net proceeds = 4500 - 3105 = $ 1395 <==
Answer:y=x/3
Step-by-step explanation:
x-3y=0
or,x=3y
y=x/3
Answer
700 is 87.5% of 800
Step-by-step explanation:
Answer:
No
Step-by-step explanation:
There can not be x and y both attached to one coefficient.
9514 1404 393
Answer:
-3/5
Step-by-step explanation:
The slope can be found using the formula ...
m = (y2 -y1)/(x2 -x1)
Using the values from the marked points, we have ...
m = (-2 -1)/(2 -(-3)) = -3/5 . . . . it is negative