Mathematics, 31.07.2021 01:50 gshreya2005
Tom bought 750 shares of a company’s stock for $11.06/share. He pays a broker a commission of $12 to buy and sell stock. After one year, Tom sold all his shares, when they were worth $10.24/share. How much did it cost Tom to buy the stock? Show your work. What was Tom’s net gain or loss? Show your work. What was Tom’s annual rate of return? Show your work.
Answers: 2
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A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.
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Triangle xyz with vertices x(0, 0), y(0, –2), and z(–2, –2) is rotated to create the image triangle x'(0, 0), y'(2, 0), and z'(2, –2). which rules could describe the rotation? check all that apply. r0, 90° r0, 180° r0, 270° (x, y) → (–y, x) (x, y) → (y, –x)
Answers: 2
Tom bought 750 shares of a company’s stock for $11.06/share. He pays a broker a commission of $12 to...
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