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trasher [3.6K]
2 years ago
7

suppose that you bought 500 shares of Pinewood Dairy Corporation for $39 per share several months ago. Yesterday you sold 200 of

the shares at a current price of $45 per share. How much money did you gain or lose on the shares that you sold? what was the gain of loss per share? Based on the price of $45 per share, what was the market value of ypur remaining shares yesterday?​
Mathematics
1 answer:
Orlov [11]2 years ago
6 0

Step-by-step explanation:

we bought 500 shares per $39.

so, we had to pay

500×39 = $19500

yesterday we sold 200 of the 500 shares per $45.

since the price was higher than the original buying price, we gained.

we gained 200 shares times the difference in shares price.

200×(45-39) = 200×6 = $1200

we gained $1200 in total.

we gained 45-39 = $6 per share.

we have 500-200 = 300 shares left.

the current market value of these shares is

300×45 = $13500

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2 years ago
Evaluate. log (down)2 256 . Write a conclusion statement.
alina1380 [7]

\Large{ \boxed{ \bf{ \color{blue}{Solution:}}}}

By using the fact that,

When,

\large{ \sf{ {a}^{x}  =b}}

Then, With logarithm base a of a number b:

\large{ \sf{ log_{a}(b)  = x}}

☃️So, Let's solve ths question....

To FinD:

\large{ \sf{log_{2}(256) }}

Let it be x,

\large{ \sf{ \longrightarrow{  log_{2}(256)  = x}}}

Proceeding further,

\large{ \sf{ \longrightarrow \:  {2}^{x}  = 256}}

\large{ \sf{ \longrightarrow \:  {2}^{x}  =  {2}^{8} }}

Then, We have same base 2, So

\large{ \sf{ \longrightarrow \: x = 8}}

<u>Or</u><u>,</u><u> </u>

➙ log₂(256) = log₁₀(256) / log₁₀(2)

➙ log₂(256) = 2.40823996531 / 0.301029995664

➙ log₂(256) = 8

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<u>━━━━━━━━━━━━━━━━━━━━</u>

7 0
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Step 2: Flip the equation.

9x=180

Step 3: Divide both sides by 9.

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