The rate of return on the purchase of the shares of stock given its selling price and purchase price is $99.
<h3>What is the rate of return?</h3>
The rate of return can be described as the total profit that is earned from the sale of the shares of stock.
Rate of return = selling price - total purchase price - commission
$330 - ($15 x 15) - $6 = $99
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Answer:
Rate of change = change y / change x
Change y = + 1
Change x = + 2
SO the rate of change is 1/2
WHAT IS THE Y VALUE WHEN X IS 9
y = 1 MULTIPLY by 4.5 = 4.5
x = 2 MULTIPLY by 4.5 = 9
Y = 4.5 when x = 9
Answer:
James is incorrect. A fraction can be interpreted as division of the numerator by the denominator.
Step-by-step explanation:
hope this helps :)
The answer is. $1500.
Let x represent the amount invested at 5%, then is the amount invested at 8%, and is the amount invested at 6%. Since the total return is $1270:
let money invested at 5%= x
money invested at 6%
= 20000- (X+X-1500)
21500-2x
Total interest for 1 year.
x×5/100+ (x-1500)×8/100+(21500-2x)×6/100 = 1270
5x/100+8(x-1500)/100+(21500-2x)6/100=1270
5x+8x-12000+129000-12x = 127000
x+117000 = 127000
x = 10000
money invested at 8%
=21500-2×10000
= 1500.
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