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galben [10]
3 years ago
6

George paid a total of $10,000 for stock that was $5 per share. If he sold all his shares for $15,000, how much profit on each s

hare did he make?
\$2000$2000
\$7.50$7.50
\$2.50$2.50
\$5$5
Mathematics
1 answer:
nika2105 [10]3 years ago
8 0

Answer:

OOGA BOOGA

Step-by-step explanation:

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Step-by-step explanation:

When interest is compounded monthly , the formula to find the accumulated amount is

A=P(1+\dfrac{r}{12})^{12t} , where P = principal value , r = rate of interest , t = time.

As per given,

r= 24% =  0.24

P= $1500

t= 1 year

Put all value in formula , we get

A= 1500(1+\dfrac{0.24}{12})^{12\times 1}\\\\=1500(1+0.02)^{12}\\\\=1500(1.02)^{12}\\\\=1500(1.26824179456)\approx1902.36

Hence, he need to pay $1902.36.

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The volleyball team at West View High School is comparing T-shirt companies where they can purchase their practice shirts. The t
Alex73 [517]

Answer:

Q#1.total number of T-shirts for  total cost to be equal=10

Q#2.For the total cost to be the same for both companies, the volleyball team would need to purchase 10 T-shirts from each company

Q#3.total of $105 for each company.


Step-by-step explanation:

Q#1

two functions are given

y=10.5x

y=7.5x+30

where y represents cost and x represents number of shirts

we have to find number of shirts to be purchased from each company keeping cost equal

hence we will write

10.5x=7.5x+30

10.5x-7.5x=30

3x=30

x=30/3

x=10

Number of shirts to be equal cost price is 10

Q#2

two functions are given

y=10.5x

y=7.5x+30

where y represents cost and x represents number of shirts

we have to find number of shirts to be purchased from each company keeping cost equal

hence we will write

10.5x=7.5x+30

10.5x-7.5x=30

3x=30

x=30/3

Number of shirts =x=10

Q#3

total cost=y=?

for y=10.5x

put x=10

y=10.5*10

cost=y=105

and for other function

for y=7.5x+30

put x=10

y=7.5(10)+30

y=75+30=105

8 0
3 years ago
Read 2 more answers
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