Answer:
$900
Step-by-step explanation:
So if each individual share is $1.50 we can presume that we need to multiply both factors. 1 x 600 is 600 and .50 x 600 is 300. 600 + 300 = 900. John will get $900 in shares profit.
Answer:
$11654 approx
Step-by-step explanation:
Given data
Principal amount = 22300 dollars
Rate= 10.25%
time= 6 years
The expression for the decrease is given as
A=P(1-r)^t-----------Note the negative sign is because of the decrease
substitute
A= 22300(1-0.1025)^6
A=22300(0.8975)^6
A=22300*0.5226
A=$11653.98
Hence the new value is $11654 approx
This statement is True I made sure
