Step-by-step explanation:
a.)Buying: total cost
Total cost= commission + (price per share× Number of of shares ) ;
Total cost= 11 + (19.72×30)= $591.6+11= $601.6
b.)Net gain or loss;
First, find cash received from sale of stock and deduct commission;
Cash from sale =20.75×30= $ 622.5
deduct commission= 622.5-11= $611.5
Gain or loss= sale-cost = 611.5-601.6 = $9.9, meaning there is a profit.
c.) Annual rate of return= (net gain or loss/amount paid)×100%
return= 9.9/(601.6)×100 = 1.645%
Answer:
Friends
Step-by-step explanation:
Answer:
1 1/4
Step-by-step explanation:
five eighths plus five eighths equals ten eighths simplified to one and two eighths and simplified again to one and one fourth.
Factor of 6x are 1,2,3,6,x,2x,3x,6x (Answer)
The answer is D, you do everything two times
