The price of a stock is $3.17 per share. what is the greatest number of whole shares mr. smith can buy with $200?
a. 15
b. 63
c. 66
d. 117

the answer is b.63

Step-by-step explanation:

Hello, I can help you with this

Step 1

to solve this you must divide the money Mr Smith has by the price of a stock per share, it is

Money Mr smith has = $200

The price of a stock is $3.17

he cand by  whole shares, so he can buy exactly 63 shares

so, the answer is b.63

I really hope it helps, Have a great day.

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

hi there!

the answer will be d: 2