What is the rate of return when 30 shares of Stock
A, purchased for $15/share, are sold for $480? The
commission on the sale is $6.
Rate of Return = [?] %
Give your answer as a percent rounded to the
nearest tenth

What Is The Rate Of Return When 30 Shares Of StockA, Purchased For $15/share, Are Sold For $480? Thecommission

Answers

Answer 1

Answer:

5.1%

Step-by-step explanation:

We are told that 30 shares of Stock are purchased for $15/share..

This gives a total value of: 30 × 15 = $450.

Now,they are sold for $480 with a commission of $6. This means the final money getting to the seller is; 480 - 6 = $474.

Thus; rate of return percentage = (474 - 450)/474) × 100% = 5.06%

To the nearest tenth gives; 5.1%

Answer 2

The rate of return is 5.1%.

Given that,

A, purchased for $15/share, are sold for $480.The  commission on the sale is $6.

Based on the above information, the calculation is as follows:

The total value should be

[tex]= 30 \times 15[/tex]

= $450.

Since it is sold for $480 along with commission of $6 so final money should be  

= 480 - 6

= $474.

Now rate of return is

[tex]= ((474 - 450)\div 474) \times 100%[/tex]

= 5.06%

= 5.1%

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Related Questions

A k out of n system is one in which there is a group of n components, and the system will function if at least k of the components function. For a certain 4 out of 6 system, assume that on a rainy day each component has probability 0.7 of functioning, and that on a non rainy day each component has probability 0.9 of functioning.Assume that the probability of rain tomorrow is 0.20. What is the probability that the system will function tomorrow

Answers

Using the law of total probability, the probability that the system will function is 0.86.

Let,

the probability of rainy day is= p(r),

probability of non-rainy day =  p(nr),

probability that system will function = p(f),

probability that system will function if it is a rainy day = p(f|r)

probability that system will function in non-rainy day = p(f|nr)

Then the following information is given in the question:

p(r) = 0.20

then, p(nr) = 1-0.20 = 0.80

p(f|r) = 0.7 (4 out of 6 components function with 0.7 probability each)

p(f|nr) = 0.9 (4 out of 6 components function with 0.9 probability each)

We have to find the probability that the system will function tomorrow.

According to the total probability law:

Probability that function will function tomorrow = p(r)p(f|r) + p(nr)p(f|nr)

Substitute the given probabilities:

P(f) = 0.20 x 0.7 + 0.80 x 0.9

P(f) = 0.14 + .72

P(f) = 0.86

Hence, the probability that the system will function tomorrow is 0.86.

Learn more about law of total probability here:

https://brainly.com/question/33659923

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Evaluate the expression of Pg +12 when p=7 and g =-3

Answers

Answer:

-9

Step-by-step explanation:

(7)(-3)+12

-21+12

-9

Answer:

-9

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Step-by-step explanation:

Step 1: Define

pg + 12

p = 7

g = -3

Step 2: Evaluate

Substitute in variables:                                                                                   7(-3) + 12Multiply:                                                                                                           -21 + 12Add:                                                                                                                 -9

I need help fast like i apericiate the help i just dont get this

Answers

Answer:

30

Step-by-step explanation:

Since this is a right angle, we can use trig functions

Cos theta = adjacent side/ hypotenuse

cos ? = 20/23

Take the inverse cos of each side

cos ^-1 (cos ?) = cos ^-1(20/23)

? =29.59184579

To the nearest degree

? = 30

What is the length of side BC 2x+7, 4x-7 4x

Answers

Answer:

64.6x

Step-by-step explanation:

The ratio of the measure of the three angles in a triangle is 3:10:7. Find the measures of the angles

Group of answer choices

30, 90, 60

27, 90, 63

45, 45, 90

9, 30, 21

Answers

Answer:

sum of all angle= 180 given angle = 3 X, 10 X AND 7 X

3X + 10X + 7X = 180

20X = 180

X= 180/20

X = 9

X= 9 IS apply to given angle 3X, 10 X  , 7X

3X = 3 ×9=27

10X = 10 ×9 = 90

7X = 7 ×9 =63

ANS IS 27,90,63

Step-by-step explanation:



The perimeter of the quadrilateral is 43 centimeters. Find the length of each side.

X+7

x² - 2x

X+3

2x-2

Side one = x + 3 =

cm

Answers

Step-by-step explanation:

A quadrilateral is made up of four sides. This means the sum of all the side equals 43. This is given as;

(x + 7)  + (x² - 2x ) + (x +3)  + (2x - 2) = 43

x² - 2x + 4x + 8 = 43

x²  - 2x - 35 = 0

Upon solving for x by factorization;

( x - 5) ( x + 7) = 0

The values of x are; 5 and - 7

Since the side of shape cannot have a negative value, -7 is ignored.

x = 5

The length of the sides are;

- X+7 = 5 + 7 = 12

- x² - 2x = 5² - 2(5) = 25 - 10 = 15

- X+3  = 5 + 3 = 8

2x-2 = 2(5) - 2 = 10 -2 = 8

Check:

8 + 8 + 15 + 12 = 43

the enrollment at Middle School drop by 168 cents from 2015 to 2019 find the average change in the number of students each year ​

Answers

Answer:

42

Step-by-step explanation:

It changes 42 cents each year

list five different vocabulary words that could be used to describe each given expression A.a-d+c / B. 20- 3c/ C. B÷d+2

Answers

Answer: expression, addition, subtraction, divide , math

Step-by-step explanation:

How many ounces are in 13 pounds

Answers

Answer:

There are 208 ounces in 13 pounds :)

Answer:

208 oz

Step-by-step explanation:

1 lb = 16 oz

Where you see 1 lb, substitute it with 16 oz.

13 lb = 13 * 1 lb = 13 * 16 oz = 208 oz

Chen rode his skateboard 334 miles in 34 of an hour. What was his average speed in miles per hour?

Answers

334 ÷ 34 = 9.82 ≈ 10

find the value of a and b if 1/5+√7= a+b√7​

Answers

Answer:

[tex]a=\dfrac{1}{5}[/tex] and b = 1

Step-by-step explanation:

Given that,

[tex]\dfrac{1}{5}+\sqrt7=a+b\sqrt7[/tex]

We need to find the value of a and b.

We should compare both sides of the above equation i.e.

[tex]a=\dfrac{1}{5}[/tex]

and

b = 1

Hence, the values of a and b are 1/5 and 1 respectively.

The sum of three consecutive even integers is
312. Find the Integers.

Answers

Answer:

104, 105, 106

Step-by-step explanation:

Consider three consecutive integers.  If the first is x then the second is 1 more than x (or x+1) and the third is x+2

The sum of these three integers is x + x+1 + x+2 and is known to be 312, so

x + x+1 + x+2 = 312, gather like terms

3x + 3 = 312, subtract 3 from both sides

3x = 309, divide both sides by 3

x = 104, so the integers are

104, 105, 106

plz give work below​

Answers

Answer:

m < -6 or m > 8

Step-by-step explanation:

m - 2 < -8

Add 2 to both sides of the inequality.

m < -8 + 2

m < -6

m/8 > 1

Multiply both sides of the equation by 8

m/8 ⋅ 8 > 1 ⋅ 8

Simplify.

m > 8

good luck, i hope this helps :)

The sun is 93,000,000 miles from Earth. What is the value of the 3 in the number 93,000,000

Answers

Answer:

three million

Step-by-step explanation:

Find the area of the shaded figure. 1 unit 1 unit

Answers

Answer:

area of shaded region =total area - outer shaded area

Answer:

udvugeciiffhi3fo

Step-by-step explanation:

bc whcehfiwhidheihgeigdi2iwg

A recent study of the hourly wages of maintenance crew members for major airlines showed that the mean hourly salary was $20.50, with a standard deviation of $3.50. Assume the distribution of hourly wages follows the normal probability dis- tribution. If we select a crew member at random, what is the probability the crew member earns: a. Between $20.50 and $24.00 per hour

Answers

Answer:

0.3413 = 34.13% probability that the crew member earns between $20.50 and $24.00 per hour

Step-by-step explanation:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

A recent study of the hourly wages of maintenance crew members for major airlines showed that the mean hourly salary was $20.50, with a standard deviation of $3.50.

This means that [tex]\mu = 20.5, \sigma = 3.5[/tex]

a. Between $20.50 and $24.00 per hour

This is the pvalue of Z when X = 24 subtracted by the pvalue of Z when X = 20.5. So

X = 24

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{24 - 20.5}{3.5}[/tex]

[tex]Z = 1[/tex]

[tex]Z = 1[/tex] has a pvalue of 0.8413

X = 20.5

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{20.5 - 20.5}{3.5}[/tex]

[tex]Z = 0[/tex]

[tex]Z = 0[/tex] has a pvalue of 0.5

0.8413 - 0.5 = 0.3413

0.3413 = 34.13% probability that the crew member earns between $20.50 and $24.00 per hour

find the area of the shape

Answers

Answer:

1296 sorry if im wrong

Step-by-step explanation:

:):):):):):):):):):):):):):):):):):):):):):):)

What mistake did she make?

Answers

Step-by-step explanation:

According to the pythagrean equation, it should be

[tex]AC^2 = AB^2 + BC^2\\[/tex]

8² = 6² + BC²

64 = 36 + BC²

BC² = 28

BC = ✓28 = 5.29

1. A ball is launched upward at 14 m/s from a platform that is 30 m high.
a. Find the maximum height the ball reaches.​

Answers

Step-by-step explanation:

Initial velocity ,u= 14 m/s

a =_g

= 9.8 m/s

velocity at highest point,v=30 m/ s

=2as=v sqare _u square

=s= 35.99 m

104
5
-10
-6
10
N
-10*
Given the graphs of f(x) = 3x - 3 and g(x) = -x + 5, which statements are true?
A)
The system has two solutions.
B)
The system has infinitely many solutions.
C)
Point (2, 3) is the only solution.
D)
Any point on either line is a solution.
E)
The point of intersection is the solution.

Answers

Answer:

C

Step-by-step explanation:

you bought 12 red apples and 15 green apples to make a pie?
what is the ratio of the number of red apples to the total number of apples simplified?​

Answers

Answer:

4:9

Step-by-step explanation:

12 red apples and 27 apples in total so it would be 12:27. Just divided it by 3

I think that's what the question is asking...

How did the Great Depression impact European nations?

Answers

It impacted the nations by America not making trades

Can you guys help me and answer this math question below please I really need help I'll mark brainliest to whoever answers! Please I’d really appreciate the help

Answers

Answer:

(1,-2)

Step-by-step explanation:

WE can see that the X value below is 1 and the Y value is -2

Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​4%.

Answers

0.04 x $2000 = 80

Note: $80 is for one year
80$ for just one year

Find the value of m. Quarts 0 1 2 e G 0 Gallons =0​

Answers

if 2 quarts=1/2 galleon on the graph.

Then half of 2 quarts will be half of 1/2 galleons.

Therefore 1 quart=1/4 galleons.

Hope it helps!

The answer is 1 because it’s between 0and 1

There is a bag filled with 4 blue and 5 red marbles.
A marble is taken at random from the bag, the colour is noted and then it is replaced.
Another marble is taken at random.
What is the probability of getting exactly 1 blue?

Answers

Answer:

hvgf m g n HCF kvvfgfhhjfj

321.5 miles in 5 hours

Answers

Answer:

i think its 64.3

4 (k - 6) = 6 (-4 - 5k)
a) 10
b) 0
c) -2
d) 8

Answers

Step-by-step explanation:

step 1. what is the question? solve for k? okay.

step 2. 4(k - 6) = 6(-4 - 5k)

step 3. 4k - 24 = -24 - 30k

step 4. 34k = 0

step 5. k = 0.

plssss helppp!!!!!!!!!

Answers

the first answer is 25

Answer:

17. x=25

18. x=72

19. x=151

20. x=28

Step-by-step explanation:

I need help please?!!!

Answers

I think it’s b y=2 sorry if it’s wrong
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