MATH HELP PLEASE Phil bought 700 shares of a company's stock for $9.29/share. He
pays a broker a commission of $18 to buy and sell stock. After one
year, he sold all his shares, which were worth $9.90/share at that time.
What was his rate of return?
•
6.0%
S
•
6.2%
•
6.5%
•
6.8%

the rate is 6.5 %

Step-by-step explanation:

As given

Phil bought 700 shares of a company’s stock for $9.29/share.

He pays a broker a commission of $18 to buy and sell stock.

After one year, he sold all his shares, which were worth $9.90/share at that time.

Cost price of the 700 shares of a company = 700 × Cost per share + Commission cost .

Cost price of the 700 shares of a company = 700 × 9.29 + 18

                                                                       = 6503 + 18

                                                                       = $ 6521

Selling st price of the 700 shares of a company = 700 × Cost per share + Commission cost .

Selling st price of the 700 shares of a company = 700 × 9.90 + 18

                                                                                 = 6930 + 18

                                                                                 = $ 6948

Rate of return = 6.5%

Therefore the rate of return is 6.5%

the most boring thing ever written

step-by-step explanation:

i am writing something. yes, i plan to make it the most boring thing ever written. i go to the store. a car is parked. many cars are parked or moving. some are blue. some are tan. they have windows. in the store, there are items for sale. these include such things as soap, detergent, magazines, and lettuce. you can enhance your life with these products. soap can be used for bathing, be it in a bathtub or in a shower. apply the soap to your body and rinse. detergent is used to wash clothes. place your dirty clothes into a washing machine and add some detergent as directed on the box. select the appropriate settings on your washing machine and you should be ready to begin. magazines are stapled reading material made with glossy paper, and they cover a wide variety of topics, ranging from news and politics to business and stock market information. some magazines are concerned with more recreational topics, like sports card collecting or different kinds of hairstyles. lettuce is a vegetable.