You bought 50 shares of stock at $55 per share and sold them for $61 per share. The sale involves a broker’s commission of $0.30 per share. What is your profit?

a) $215
b) $285
c) $315
d) $385

Answers

Answer 1

Answer:

The profit made is;

b) $285)

Step-by-step explanation:

The given parameters are;

The number of shares bought, n = 50

The price each share is bought, CP = $55

The amount at which each share is sold, SP = $61

The amount the broker received per share, E = $0.30

Therefore, the amount of profit, 'P', is given as follows;

P = n × (SP - CP - E)

By substituting the values for the variables, we have;

P = 50 × (61 - 55 - 0.3) = 285

The amount made as profit, P  = $285.00.


Related Questions

in 2003, Damian purchased a new car valued at $20,000. Four years later,
the value of his car was $14,500. Assuming a constant rate of decrease,
how much did the value of Damian's car decrease per year?

Answers

Answer:

$ 1,375

Step-by-step explanation:

20,000 - 14,500 = 5,500

5,500 ÷ 4 = 1,375

what is 52,437 rounded to the nearest hundred

Answers

Answer:

52,400

Step-by-step explanation:

Someone plz help....

Answers

Answer:

the answer is 3.6 centimeters

I NEED HELP ASAP!

What is the slope of the line represented by the table below?
1 point
IN (2)
1
0
1
2
3
4
5
OUT (y)
3
5
7
9
11
13
15

Answers

Answer:

The slope of the line is m = 2

Step-by-step explanation:

We can use the point-slope equation:

[tex]m=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex]

Where:

[tex](x_{1},y_{1})[/tex] is the coordinate of the first point

[tex](x_{2},y_{2})[/tex] is the coordinate of the second point

Here, we can use any pair of points. Let's chose

[tex](x_{1},y_{1})=(0,5)[/tex]

[tex](x_{2},y_{2})=(1,7)[/tex]

Using these points in our slope equation, we have:

[tex]m=\frac{7-5}{1-0}[/tex]    

[tex]m=\frac{2}{1}[/tex]  

Therefore the slope of the line is m = 2.

I hope it helps you!

0.2 to the power of 4 help MEE

Answers

Answer:

The answer would be 0.0016

Step-by-step explanation:

When putting a number to a power you multiply it that many times it's self.

0.2*0.2=0.04, 0.2*0.2=0.04

0.04*0.04=0.0016.

The answer is 0.0016

What is the equation of a line parallel to the following line that passes through the given point?
y = -4x + 6 (2, -1)

Answers

Answer: y = -4x + 7

Just did the quiz

What is 1+1? Very urgent

Answers

Answer:

62

Step-by-step explanation:

anything plus 1 equals 62.

Hope this helps. Have a nice day you amazing bean child.

( jk jk. It's 2)


What is the slope of the line?

Answers

Answer:

Answer:

[tex]\boxed{\boxed{\pink{\sf \leadsto Hence \ the \ slope \ of \ line \ is \ 1.}}} [/tex]

Step-by-step explanation:

Here a graph of line is given and we need to find the slope. So here we can see that the line intersects y - axis at (0,2) and x - axis at (2,0 ). And we know that the slope of the line is tan∅.

[tex]\green{\bf \implies Slope = tan\theta }\\\\\bf\implies Slope = \dfrac{perpendicular}{base} \\\\\bf \implies Slope = \dfrac{y_2-y_1}{x_2-x_1} \\\\\bf\implies Slope = \dfrac{2-0}{2-0} \\\\\bf\implies Slope =\dfrac{2}{2}\\\\\bf\implies \boxed{\red{\bf Slope = 1 }}[/tex]

Hence the slope of the line is 1.

Write an equation of a line that passes through the point (-9,2) and is perpendicular to the line y=3x-12
A.y=-3x+12
B.y=(1/3)x-2
C.y=(-1/3)x-1
D.y=3x-1

Answers

Answer:

Step-by-step explanation:

perp. -1/3

y - 2 = -1/3(x + 9)

y - 2 = -1/3x - 3

y = -1/3x - 1

answer is C

A poster is shown below: 6 inches 7 What are the dimensions if the poster is enlarged by a factor of 2? (5 points) O a 42 in by 126 in Oь 3 in by 9 in 9 in by 12 in O d 21 in by 63 in​

Answers

Given:

The original dimensions of a poster are 6 inches  by 7 inches.

It is enlarged by a factor of 2.

To find:

The dimensions of enlarged poster.

Solution:

Let the length of the original poster is 6 inches and width is 7 inches.

It is enlarged by a factor of 2. It means, we have to multiply each dimension by 2.

Length of enlarged poster = 2 × 6 inches

                                            = 12 inches

Width of enlarged poster = 2 × 7 inches

                                          = 14 inches

Therefore, the dimensions of enlarged poster are 12 inches by 14 inches.

Note: All options are incorrect.

5x=15 y 2x=6
Son ecuaciones equivalentes?

PORFAVOR AYÚDENME ES EMERGENCIA

Answers

Si, los dos son iguales

Cuando haces 5x=15, la división dice que x = 3. Para 2x=6 puedes usar el resultado de x=3 de la problema de antes, y cuando te usas esto va a ver que 2 de x cuando x=3 es igual a 6, y por eso 5x=15 y 2x=6 son equivalentes.

Drag the numbers below to put them in order from least to greatest: 4 16 1 7 -2 -20​

Answers

Answer:

Are the 1 and 7 rogether? because if so then -20, -2, 4, 16, 17, if not then -20, -2, 1, 4, 7, 16

PLEASE HELP ME!!!!!!
What power did the national government NOT have under the Articles of Confederation?

Answers

Answer:

The Articles of Confederation created a national government composed of a Congress, which had the power to ... Under the Articles, the states, not Congress, had the power to tax. ... The Articles of Confederation did not include a president.

Step-by-step explanation:

Hope this helps;)

so i need help plz help 3 ÷ s =7

Answers

Answer:

2.1

Step-by-step explanation:

Answer:

There is no possible answer for this unless you're teacher wants you to rearrange the equation.

Step-by-step explanation:

Please help! This is due soon!

Answers

Answer:

32

Step-by-step explanation:

Using the formula

P=2(l+w)

Solving for

w= p/2 -l =116/2-26=32

The answers 32 hope this helps

Please helpppp answer correctly !!!!!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!!!

Answers

Answer:

JP = 36

Step-by-step explanation:

Since JN is the entire line, then just divide 54 by 3 which equals to 18, then add 18 + 18 which equals to 36. You want to do this because an entire line segment is in 3 units (JN) , so which mean (JP) is 2/3 or 2 units of 3.

Find 10 rational numbers between -1/9 and 4/9 .

Answers

hope this help you out (•‿•)

Please help!!!! (Look at picture)

Answers

Answer:

x (19) is your answer okkkkkk

Help asap! This is due in three hours! Casey wants to buy a gym membership. One gym has a $156 joining fee and costs $29 per month.

Another gym has no joining fee and costs $55 per month

In how many months will both gym memberships cost the same? What will that cost be?

Both gym memberships will cost the same in ___ months.

The cost will be $__.

Answers

Answer:

The costs are never exactly the same. But they are EXACT in 1.86 months. The cost being 102.14.

Step-by-step explanation:

Try setting up an equation for both of them, setting them equal and then solving.

First Gym Cost = 156 + 29x   Where x is the number of months

Second Gym Cost = 55x

156+29x=55x

84x=156

x=156/84

A cleaning product sells for $0.75 a quart. Which equation can be used to solve for the total cost, C , of five gallons of the product?

Answers

Answer:

C= 5 × ($0.75 × 4)

Step-by-step explanation:

There are 4 quarts in a gallon, multiplying the cost by 4 will give you one gallon of cleaning product. Multiply it all by 5 to get 5 gallons of the product.

What is the value of 1 2/3​

Answers

your answer would be 1.66666666667 but put it in as 1.6

Answer:

5/3

Step-by-step explanation:

3 multiplied by 1 then adding 2 which equals 5. 5 over 3

you are welcome. :)

giving brainleyest

two functions, a and B, are described as follows function AY equals 9X +4 function be the rate of change is three and a Y intercept is for how much more is the rate of change of the function aiden the slope of the function b

Answers

Answer:

Answer is 6....this is 100 % correct answer

Hope this helps u.... ^_^❤️

Answer: 6

Step-by-step explanation:

I'm pretty sure 13 is 6 since the slope of function A is 9 and the slope of Function B is 3.

9 - 3 = 6

Hope this helped!

Can someone help me answer this question

Answers

Answer:

i think ur answer is f in my mind

PLEASE HELP ASAP WILL GIVE BRAINLIEST.
Select each interval where the graph is decreasing.


​ −1
−4
​ 2
​ 3

Answers

Answer:

Two and three are the answers

Answer:

1- and -4

Step-by-step explanation:

Part 1
Evaluate the expression you got in part h for g= 1.

Answers

Answer:

Can you explain better? I might be able to solve

Step-by-step explanation:

Answer:

12/2g + 1

12/2(1)+1

12/2+1

12/3

4

Step-by-step explanation:

Atlanta, GA has a CPI of 168. Seattle, WA has a CPI of 204. How does the purchasing power of an Atlanta resident
earning a $32,800 salary compare to the purchasing power of a Seattle resident earning a $46,400 salary?
a. The Atlanta resident has $34.46/CPI more than the Seattle resident.
b. The Atlanta resident has $83.20/CPI more than the Seattle resident.
The Seattle resident has $48.74/CPI more than the Atlanta resident.
d. The Seattle resident has $32.21/CPI more than the Atlanta resident.
Please select the best answer from the choices provided
A
B
D
Previous Activity

Answers

Answer:

D

Step-by-step explanation:

Ege 2021

The Seattle resident should be considered  $32.21/CPI when it is  more than the Atlanta resident.

What is the consumer price index?

It is applied for determining the inflation.

For comparing the purchasing power here first we have to adjust the income with respect to inflation and then divide the incomes

So it can be like

Real income of the person from Atlanta =  [tex]$32,800 / 168[/tex] = 195.24

Real income of the person from Seattle = [tex]$46,400 / 204[/tex] = 227.45

So,

Difference in real income should be

= 227.45  195.24

= $32.21

Learn more about consumer here: https://brainly.com/question/17564376

Answer correctly for brainliest +10 points

Answers

Answer:it’s the third one

Step-by-step explanation:

It’s beacuse im big brain and smart

Julius sells two robots a small one and a larger model. the price for the smaller robot is X and the price for the large robot is Y. write an equation that will let him earn a profit of $13,050 if he sells 15 small robots and 42 large robots.

Answers

Answer:

15x + 42y = $13 050

Step-by-step explanation:

hope that helped :)

Find the coordinates of the midpoint of the segment with the endpoints M(-5,9) and N(-2,7).

Answers

(-3.5, 8)

You figure this out with the midpoint formula

b)
a)
t
50°
x 110°
x =
y=

Answers

Answer:

?????

Step-by-step explanation:

ummm is this even a problem

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