subject
Mathematics, 05.12.2020 02:10 tegaoks6843

Brayden purchases 85 shares of a stock for $43.28. In 3 years, he sells the stock for $3,297.15. He calculates his ROI, shown below. Did he do this correctly? If not, what error did he make?
3,297.15-43.28(85)
=-11.6% ROI
3297.15
(4 points)
Ob
Yes, he solved it correctly,
No, he divided by the wrong number.
No, he should have a positive ROI.
No, he incorrectly calculated his initial investment
od

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
What are the relative frequencies to the nearest hundredth of the columns of the two-way table?
Answers: 2
question
Mathematics, 21.06.2019 18:00
The base of a triangle exceeds the height by 7 centimeters. if the area is 400 square centimeters, find the length of the base and the height of the triangle.
Answers: 1
question
Mathematics, 21.06.2019 19:20
1- what do you think the product of a nonzero rational number and an irrational number is? is it rational or irrational? make use of variables, the closure property of integers, and possibly a proof by contradiction to prove your hypothesis.2- why do we have to specify that the rational number must be nonzero when we determine what the product of a nonzero rational number and an irrational number is? if the rational number were 0, would it give us the same result we found in the first question?
Answers: 2
question
Mathematics, 21.06.2019 20:00
If cos(2x) = tan^2(y), show that cos(2y) = tan^2(x).
Answers: 3
You know the right answer?
Brayden purchases 85 shares of a stock for $43.28. In 3 years, he sells the stock for $3,297.15. He...
Questions
question
Mathematics, 23.04.2020 21:29
question
History, 23.04.2020 21:29
question
Mathematics, 23.04.2020 21:29
question
Mathematics, 23.04.2020 21:29
Questions on the website: 13722359