Jack bought 500 shares in Glastonbury Goods at $17.85 per share on January 18, 2015. On January 25, 2017, he sold 300 shares after its price had dropped to $15.25 per share. He bought 250 more shares on January 31, 2017 when the price had fallen to $11.90 a share. He sold all of his stock at $18.00 per share on February 5, 2017. How much of a profit/loss did Jack make over the course of his investment? ____________________ profit or loss

Answers

Answer 1

Answer:

$775 profit

Step-by-step explanation:

Here, we want to know how much profit or loss Jack made;

he sold 300 shares at $15.25

Amount lost on this will be;

(17.85-15.25) * 300 = -$780

The number of shares he sold at $18 will be the 250 he bought now, and the 200 left unsold before

So profit now will be;

200(18-17.85) + 250(18-11.9)

= $30 + $1525 = $1555

So he made $1555 and lost $780

The amount of profit made is $1555-$780 = $775


Related Questions

Sherry's age is nine less than six times Fred's age. Write an equation and find Sherry's
age if Fred is 10 years old.

Answers

Fred’s age is 15 and sherrys age is 18

What is the solution to the system of equations below?
y=-6x-10
and
y=-3x-21
(2, -22)
(2,48)
(-2, 2)
(-2, -20)

Answers

Answer:

Please check the explanation.

Step-by-step explanation:

Given the equations

[tex]y=-6x-10[/tex]

[tex]y=-3x-21[/tex]

solving the system of the equations

Arrange the equation variables for elimination

[tex]\begin{bmatrix}y+6x=-10\\ y+3x=-21\end{bmatrix}[/tex]

[tex]y+3x=-21[/tex]

[tex]-[/tex]

[tex]\underline{y+6x=-10}[/tex]

[tex]-3x=-11[/tex]

[tex]\begin{bmatrix}y+6x=-10\\ -3x=-11\end{bmatrix}[/tex]

solve

[tex]-3x=-11[/tex]

Divide both sides by -3

[tex]\frac{-3x}{-3}=\frac{-11}{-3}[/tex]

[tex]x=\frac{11}{3}[/tex]

[tex]\mathrm{For\:}y+6x=-10\mathrm{\:plug\:in\:}x=\frac{11}{3}[/tex]

[tex]y+6\cdot \frac{11}{3}=-10[/tex]

[tex]y+6\cdot \frac{11}{3}=-10[/tex]

[tex]y=-32[/tex]

Therefore, the solutions to the system of the equations are:

[tex]y=-32,\:x=\frac{11}{3}[/tex]

But, it seems none of the options is true.

Answer:

A. (2, -22)

Step-by-step explanation:

I just took the test and i got a one hundred! I really hope it helped!!!!

Select all the pairs that could be reasonable approximations for the diameter and circumference of a circle. Explain your reasoning.

5 meters and 22 meters.

19 inches and 60 inches.

33 centimeters and 80 centimeters.

Answers

Answer:

19 inches and 60 inches

Step-by-step explanation:

The expression 2x² + ax is equivalent to x (2x + 7) for some constant a. What is the value of a ?

Answers

2x^2 + ax = x(2x+ 7)
2x^2 + ax = 2x^2 + 7x
Subtract 2x^2 from both sides
ax = 7x
a = 7

Help me with the questions 1-4, thank you! :)

Answers

Answer:

1) Slope is 2/1 and the y-intercept is 2 --> y = 2x+ 2

2) Slope is -1/3 and the y-intercept is -3 --> y = -1/3x -3

The images for question 3 and 4 are below:

The equations for

3) y = 1/3x - 5

4) y = -2x-8

Step-by-step explanation:

At the beginning of spring, Samantha planted a small sunflower in her backyard. When it was first planted, the sunflower was 20 inches tall. The sunflower then began to grow at a rate of 1 inch per week. How tall would the sunflower be after 4 weeks? How tall would the sunflower be after w weeks?

Answers

Answer:

24 inches

Step-by-step explanation:

help please this is hard .

Answers

Answer: is A because they are equal

WHO WOULD WIN IN A FIGHT?
A SHAOLIN MONK vs A NAGA SADHU

Answers

Answer:

Shaolin Monk

Step-by-step explanation:

They are epic gamers. no but fr

An amount P at 4.5% for 12 years compounded monthly increased to $20000.00. What is P? (Round answer to cents)

Answers

P x 1.045^12 = 20000 divide by 1.045^12
P = 11793.28

Proportional relationships; Yes or no

Answers

Answer:

Yes I believe

Step-by-step explanation:

Multiplying and Dividing by Powers of 10 When multiplying a number by 10, move the decimal to the right. When multiplying a number by 0.1, move the decimal to the left. Why?

Answers

Answer:

Because we actually divide by 10 when a number is multiplied by 0.1.

Step-by-step explanation:

Let [tex]a[/tex] be a number.

When we multiply a number by 10:

[tex]a \times 10 = 10 a[/tex] (One '0' is increased in the number)

For example:

[tex]23 \times 10 = 230[/tex]

Considering a decimal number:

[tex]2.3 \times 10 = 23[/tex]

Multiplying a number with 0.1 (which is actually [tex]\frac{1}{10}[/tex]) means dividing the number by 10.

[tex]23\times 0.1 =23\times \frac{1}{10}=2.3[/tex]

Considering a decimal number:

[tex]2.3 \times 0.1 = 2.3 \times \frac{1}{10} = 0.23[/tex]

Therefore, When multiplying a number by 0.1, move the decimal to the left.

Answer:

Sample Response: You move the decimal to the right when multiplying a number by 10 because you are making the number bigger. You move the decimal to the left when multiplying a number by 0.1 because you are making the number smaller.

Step-by-step explanation:

hope this helps

Determine the intercepts of the line.
x-intercept:( , )
y-intercept:( , )

Answers

Answer:

x-intercept: (-7,0)

y-intercept: (0,2)

Step-by-step explanation:

The x-intercept is (-7,0) because on the graph we can see that the line lies on the x-axis on the point (-7,0).

The y-intercept is (0,2) because we can see that the line pass through the y-axis on the (0,2) point.

Hope this helps you :)

X-intercept: (-7,0)
Y-intercept: (0,2)

What’s the answer to the question

Answers

Answer:

Slope = -2, y-intercept = 12 (b)

Step-by-step explanation:

Using the slope formula:

slope = change in y (y2-y1) / change in x (x2-x1)

slope = (12-18)/(0+3)

slope = -6/3

slope = -2

The slope is -2

If you look in the table, when x=0, the y value equals 12. This means that the y-intercept = 12, since the y-intercept is when the x equals 0. Thus we have our answer.

Helpp with bothhhh!!!!!

Answers

Answer:

3. x = 5

4. -5 1/25

Step-by-step explanation:

-3x+5=-10

Subtract the 5 from both sides...

-3x = -15

Divide by -3

x = 5

For 4, it's just multiplying.

-2 4/5 in improper form is -14/5

1 4/5 in improper form is 9/5

-14/5 x 9/5 is -126/25

-126/25 can be -5.04 or -5 1/25.

Answer:

3. a (x=5)

4. -126/25

Step-by-step explanation:

3. -3x+5=-10

-3x=-10-5

-3x=-15

x=5

4.  -(-2 4/5) x 1 4/5

(-14/5) x 9/5

= -126/25

Noah said, "Division always results in a smaller number. When you divide a number by a second number, the result will always be smaller than the first number."

Jada said, "I disagree. I think the result can be larger or smaller, depending on the number you are dividing by."

Do you agree with Noah or Jada?

LaTeX: 20\div420÷4 results in a number
[ Select ]
20.

LaTeX: 20\div\frac{1}{4}20÷14 results in a number
[ Select ]
20, so
[ Select ]
is correct.

Answers

Answer:

Step-by-step explanation:

Greater, provided the divisor is positive.

It would be more accurate and clearer to say that when dividing a number which is greater than zero by a number between 0 and 1, then the quotient is greater than the dividend.

If the divisor is negative and the dividend is positive, then the quotient is negative (and hence less than the dividend).

3/2 * (-5/8) what is the an

Answers

Answer:

-15/16

Step-by-step explanation:

3/2 x (-5/8) = 12/8 x -5/8 = -60/64 = - 15/16

Quadrilateral JKLM was dilated according to the rule
DO,One-half(x,y)(one-half x, one-half y) to create the image quadrilateral J'K'L'M', which is shown on the graph.

On a coordinate plane, quadrilateral J prime K prime L prime M prime has points (0, negative 2), (3, 2), (6, negative 2), and (3, negative 6).

What are the coordinates of vertex J of the pre-image?

(0, -4)
(0, -1)
(0, 0)
(0, 4)

Answers

Answer: (0,-1) I just took the quiz:)

Answer:

b is the answer

Step-by-step explanation:

pleaseee help me answer this

Answers

Vertical is a straight like like this
I
And that line is the y axis while this line
_
Is x axis

Determine A:B:C, if A:B= 2:3 and B:C =4: 5​

Answers

I’m confused what we are suppose to do

7th Grade Math
Please help
I will give brainliest!!
19 = 5/3 r
Find the value of r

Answers

Answer:

[tex]\huge\boxed{r=\dfrac{57}{5}\to r=11\dfrac{2}{5}\to r=11.4}[/tex]

Step-by-step explanation:

[tex]19=\dfrac{5}{3}r\to\dfrac{5}{3}r=19\qquad|\text{multiply both sides by 3}\\\\3\!\!\!\!\diagup\cdot\dfrac{5}{3\!\!\!\!\diagup}r=19\cdot3\\\\5r=57\qquad|\text{divide both sides by 5}\\\\\dfrac{5r}{5}=\dfrac{57}{5}\\\\r=\dfrac{57}{5}\to r=11\dfrac{2}{5}\to r=11.4[/tex]

11(p-3)=5(p+3) really need an answer please hahaha

Answers

Answer:

P = 8

Step-by-step explanation:

Answer:

p=104/33

Step-by-step explanation:

Help me solve this problem please

Answers

Answer:

The answer is B cause thats the slope of the line

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

for starters the equation is:

y = -2/4 + 3

It then simplifies to:

y = -1/2 + 3

Making your answer B.

Graph △ABC with vertices A(–6, 1), B(–3, 3), and C(–1, 0) and its image after the glide reflection.

Translation: (x, y) ---> (x + 1, y)
Reflection: (x, y) ----> in the x-axis

Help please it's for a test!!

Answers

Answer:

Translation: (x, y) ---> (x + 1, y)

Reflection: (x, y) ----> in the x-a

PLS HELP ILL MARK YOU AS BRAINLESS WHATS THE ANSWER TO THESE QUESTIONS

Answers

1st is One Third 1/3
2nd is Five Sixth 5/6

1/3 5/6 HOPE THIS HELPS!!!!!!!!!

EASY BRAINLIEST , What is the equation of the line parallel to the line y = 4 and passing through the point (2, -1)?

Answers

Answer:

y = 2

Step-by-step explanation:

Since the line is horizontal, and the line goes through the x-coordinate 2, this is the equation

A surveyor is surveying a street. The surveyor is standing at point Plooking down the street at a No Parking sign at point A and a stop sign at point R. Given PA=3x-4, PR=21 meters, AR=7 meters and point A is between point Rand point What is the value of x in meters?​

Answers

Answer:

Step-by-step explanation:

If point A is between P and R, then;

PA+AR = PR

Given

PA=3x-4,

PR=21 meters,

AR=7 meters

Substitute

3x-4 +7 = 21

3x+3 = 21

3x = 21-3

3x =18

x =18/3

x = 6

Hence the value of x is 6m

y = 3x + 4

the Answer

Answers

Answer:

hope u have a nice day​

Step-by-step explanation:

i need the answer to this please help

Answers

Answer:

-1/11

Step-by-step explanation:

[tex]\frac{11x}{12} -\frac{1}{6} =\frac{-1}{4}[/tex]    add 1/6 to both sides

[tex]\frac{11x}{12} =\frac{1}{6} -\frac{1}{4}[/tex]  make the same denominator 12 on the right side

[tex]\frac{11x}{12} =\frac{1}{6}*\frac{2}{2} -\frac{1}{4}*\frac{3}{3}[/tex]  solve

[tex]\frac{11x}{12} =\frac{2}{12} -\frac{3}{12} =\frac{2-3}{12} = \frac{-1}{12}[/tex]

[tex]\frac{11x}{12}*12 =\frac{-1}{12} *12[/tex] multiply by 12 both sides

11x= -1 divide by 11

x= -1/11

Ray LN is the perpendicular bisector of segment JK.
15) Find KP.
16) Find JP.
Solve and show your work.​

Answers

Answer:

ok i think "kp" is 17x but i am not 100% sure

Step-by-step explanation:

Answer: kp

Step-by-step explanation:

I’m in a test pls help
Use inductive reasoning to write the next two terms in each sequence of numbers.

B.) 720, 180, 360, 90, _____, _____ .

Answers

Answer: 180, 45

Step-by-step explanation:

First, you look at the patterns for each numbers, so you can apply the rules for the next two sequences

720 divided by 180 = 4

360 divided by 180 = 2

360 divided by 90 = 4

for the next sequences, you multiply the last number by 2 (90 x 2 =180)

then divide the answer by 4 to get the answer (180 divided by 4 = 45)

so the next two numbers are 180, 45

Mark me as the brainiest answer

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