1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slamgirl [31]
2 years ago
7

40pts and a brainliest to the person who can help me with this stock problem. PLEASE show all steps in detail so I can learn how

to do this!
What is the rate of return when 20 shares of Stock A, purchased for $30/share, are sold for $710? The commission on the sale is $6. Give your answer as a percent rounded to the nearest tenth.​

Mathematics
1 answer:
ruslelena [56]2 years ago
4 0

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%

You might be interested in
What is the gcf of 45, 90, and 75
bija089 [108]
Greatest\ common\ factor\ is\ the\ highest\ number\ by\ witch\ 45\ and\ 90\\and\ 75\ can\ be\ divided\\\\
45:3\\
15:3\\5:5\\\\
90:2\\
45:3\\15:3\\5:5\\\\75:3\\25:5\\5:5\\\\\\GCF=3*5=15\\\\Greatest\ common\ factor\ of\ 45\ and\ 90\ and\ 75\ is\ equal\ to\ 15.

4 0
3 years ago
a company manufactures rectangular cardboard boxes. each box is 20 inches long and 15 inches wide. the heights of the boxes rang
Bogdan [553]

The range of possible values for the volume of the boxes would be 1200 - 1800 cubic inches

The dimensions of the rectangular cardboard boxes are given as

Case I

Length = 20 inches

breadth = 15 inches

Height = 4 inches

Volume of the rectangular cardboard box in case I = Length x breadth x breadth

= 20 x 15 x 4

= 1200 cubic inches

Similarly,

Case II

Length = 20 inches

breadth = 15 inches

Height = 6 inches

Volume of the rectangular cardboard box in case I = Length x breadth x breadth

= 20 x 15 x 6

= 1800 cubic inches

To learn more about volume, here

brainly.com/question/1578538

#SPJ4

4 0
2 years ago
Answer the last 2 pls
Genrish500 [490]
C)
2n + 3
first term = 3
second term = 5 (2 + 3 = 5)
third term = 7 ( 4 + 3 = 7)

d)
term 15 that has value greater than 30
cause
2(14) + 3 = 28 + 3 = 31 greater than 30


6 0
3 years ago
Jessie says to round 763,400 to the nearest ten thousand, he will round to 770,000 is he right ? explain
weqwewe [10]

For this case we have the following definition:

ten thousand place: number of five digits whose absolute value is greater than zero.

Then, we have the following rounding rule:

1) If the previous number is greater than or equal to five, then the next number increases by one unit.

2) If the previous number is less than or equal to five, then the next number remains the same.

We then have the following number:

763,400

Rounding to the nearest ten thousand we have:

760,000

Answer:

Jessie is wrong. The correct answer is:

760,000

3 0
3 years ago
Read 2 more answers
In circle Q with
jonny [76]

Answer:

The minor arc PR is 42 degrees

Step-by-step explanation:

The picture of the question in the attached figure

we know that

The inscribed angle is half that of the arc comprising

so

m\angle PSR=\frac{1}{2}(arc\ PR)

we have

m\angle PSR=21^o

substitute

21^o=\frac{1}{2}(arc\ PR)

arc\ PR=21(2)=42^o

Remember that the minor arc in a circle is less than 180 degrees

therefore

The minor arc PR is 42 degrees

4 0
3 years ago
Other questions:
  • A bacteria doubles its original population in 16 hours (A=2A0). How big will its population be in 96 hours?
    8·1 answer
  • Ebert used to make $22 an hour, but got a 10% raise. How much more will he make in a 40 work week with the raise? Give steps!
    9·2 answers
  • How can the effect of an outlier be overcome in an experiment that examines a random sample of a population?
    9·1 answer
  • 3x + y = 6<br> 5x - 2y = 10
    15·1 answer
  • HELOOOOOOOOOOO ANYBODY THERE
    5·1 answer
  • Pls help i will give brainliest
    12·2 answers
  • n order to bring back customers to the AMC Movie Theaters, they are offering two movie plans; a Family Plan of 4 used to cost $2
    11·2 answers
  • Pls i dont have time help
    11·1 answer
  • What is the median? This is from an Iready
    11·2 answers
  • Select the correct answer from each drop-down menu. The graph represents the piecewise function.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!