subject
Mathematics, 17.11.2020 07:50 tsimonej12

Nathan bought 200 shares of stock at $40 per share ($8,000 total). He paid $5,000 in cash and borrowed $3,000 from the brokerage firm. The loan has an annual interest rate of 6 percent. Six months later, the stock’s current price is $38 per share. If Nathan sells now, he will pay a commission of $160 and will have to repay the loan. If he sells now, he will lose $ __?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:30
Kevin is an insurance salesman. when he sells a policy, he makes 20 percent of the policy premium (p) up front; then each year the policy is active, he receives 15 percent of the original premium. which equation could be used to figure his total commission on a policy that has been active for five years? c=0.80p c=0.20p + 0.15p c=0.35p + 4(0.15) c=0.95p
Answers: 1
question
Mathematics, 21.06.2019 15:50
Which formula finds the probability that a point on the grid below will be in the blue area? p(blue) = total number of squares number of blue squares number of blue squares p(blue) = total number of squares number of blue squares p(blue) = number of white squares
Answers: 1
question
Mathematics, 21.06.2019 20:40
Reduce fractions expressing probability to lowest terms. in 3,000 repetitions of an experiment, a random event occurred in 500 cases. the expected probability of this event is?
Answers: 3
question
Mathematics, 21.06.2019 21:20
The edge of a cube was found to be 30 cm with a possible error in measurement of 0.4 cm. use differentials to estimate the maximum possible error, relative error, and percentage error in computing the volume of the cube and the surface area of the cube. (round your answers to four decimal places.) (a) the volume of the cube maximum possible error cm3 relative error percentage error % (b) the surface area of the cube maximum possible error cm2 relative error percentage error %
Answers: 3
You know the right answer?
Nathan bought 200 shares of stock at $40 per share ($8,000 total). He paid $5,000 in cash and borrow...
Questions
Questions on the website: 13722359