Answer:
A
Step-by-step explanation:
Answer:
Rate of Return is 14.8%
Step-by-step explanation:
We know that 20 shares of Stock are purchased for $30 per share.
This gives us a total value of: 20 × 30 = $600.
Now, the shares are sold for $710 with a commission sale of $6. This means the final money going to the seller is; 710 – 6 = $704.
Thus, the rate of return percentage is = (704 – 600)/704) × 100% = 14.7727%
To the nearest tenth gives us 14.8%
Local Max: x=3
Local Min: x=-9
Answer:
11
Step-by-step explanation:
Answer:
first method
subtract 5 from both side
2x + 5 -5 = 12 - 5
:. 2x = 7
:. X= 2
7
divide 2 from both side
X= 2x 7
2 2
:. X= 3.5
second method
2x = 12 - 5
2x = 7
X= 2 ÷ 7
:. X= 3.5