Laura bought 55 shares of stock for $3.50 per share last year. She paid her broker a 1% commission. She sold the stock this week for $2 per share, and paid her broker a $10 flat fee. What were Laura’s net proceeds? Round to the nearest cent. What was her capital gain or loss?

Answers

Answer 1

Answer:

cp of 55 shares = 3.50 * 55 = 192.5

commission amount = 1% *192.5 = 1.925

Total invest = 192.5 + 1.925 = 194.425

sp of 1 share = 2

sp of 55 share = 2*55 = 110

Earning from shares = 110

since earning is less than invest, Laura has loss of (194.425 - 110) = 84.425

Answer 2

Laura has a loss of $84.425 for the cost price of $192.5.

What is an expression?

Mathematical expression is the combination of numerical variables and operations denoted by addition, subtraction, multiplication, and division signs.

Mathematical symbols can be used to represent numbers (constants), variables, operations, functions, brackets, punctuation, and grouping. They can also be used to denote the logical syntax's operation order and other properties.

Cost price of 55 shares = 3.50 x 55 = 192.5

Commission amount = 1% *192.5 = 1.925

Total invest = 192.5 + 1.925 = 194.425

The selling price of 1 share = 2

The selling price  of 55 share = 2*55 = 110

Earning from shares = 110

Since earnings are less than investment, Laura has a loss of (194.425 - 110) = $84.425

Therefore, Laura has a loss of $84.425 for the cost price of $192.5.

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Related Questions

The amount of money invested in a retirement fund is an example of which of the following?
a investment asset
b. liquid asset
C. long term asset
d. use asset

Answers

Answer: A

Step-by-step explanation:

Your investing for your future so it will investment asset

SOMEONE PLS HELP ME ASAPPP: The odometer of a vehicle tells you how far it has traveled in its lifetime. The "trip odometer" can be reset at any time to tell you the length of a particular trip. Suppose the main odometer of a new car is at 467 miles and the trip odometer is at 22 miles. How many more miles do you have to travle before the main odometer is precisely two times the trip odometer?​

Answers

Answer:

              423 miles

Step-by-step explanation:

x  - the miles to travel

467+x  - the main odometer after x miles travel

22+x   - the trip odometer after x miles travel

2(22+x)    - two times the trip odometer after x miles travel

2(22+x) = 467 + x

44 + 2x = 467 + x

     - 44       -44

     2x = 423 + x

    -x       -x

     x = 423

Answer:

how far you've driven

Step-by-step explanation:

4 = -8 - x What is x?

Answers

Answer:

2

Step-by-step explanation:

a negative x negative is always a positive

a negative x positive is negative

a positive x positive is negative

Answer:

x=-12

Step-by-step explanation:

4 = -8 - x

First, step +8 to get it to the other side of the question, then it will be 12 = -x

to get x move the negative to the other side x = -12

Can i have brainly please

someone please help and also show work plz​

Answers

Answer:

X= -50

Step-by-step explanation:

Subtract 7 from both sides then multiply by 5.

X/5 =-10

5 x -10 = -50

So x= -50

Use the distributive property to remove the parentheses.
Simplify your answer as much as possible.

1/4(12+8x)

Answers

Answer:

3+2x

Step-by-step explanation:

Distribute the equation out.

1/4(12+8x)

(1/4*12)+(1/4*8x)

Multiple those out to get a new equation

3+2x

You cannot add those together because of the variable. Theres no way of knowing what x equals so this is as far as you can go therefor making the answer 3+2x

5 x 5=? plz im dum lol

Answers

Answer:

25

Step-by-step explanation:

Answer:

25

Step-by-step explanation:

5 x 5 = 25

Kristin earns $6.50 for every hour she babysits for the Overstreet family. (Part A:) Last Friday, Kristin babysat for 4.5 hours. How much money did she make during that job? Kristin earns $6.50 for every hour she babysits for the Overstreet family. (Part B): Mrs. Overstreet has told Kristin that she will pay her $45.50 for tomorrow's babysitting job. How many hours will Kristin babysit then?

Answers

Answer:

a)$29.25

b)7hours

comments if you need an explanation

Answer:

Part A: 29.25

Part B: 7 hours

Step-by-step explanation:

Part A :

6.50 times 4.5 equal 29.25

Part B:

45.50 divided by 6.5 equal 7

hopefully this helps you :)

pls give me brainlest :)

Kelly and Daniel surveyed 6 of their friends to find the number of pets in each of their households. They recorded the results from each home in a list. 4, 1, 2, 1, 0, 1 What is the mean absolute deviation of this data set? Enter your answer in the box.

Answers

Answer:

67

Step-by-step explanation:

Answer:

The mean absolute deviation is 1

Step-by-step equation =

Take all of the numbers and add them together.

4+1+2+1+0+1= 9

Then divide by how many numbers there are. In this word problem its 6.

Divide 9 by 6.

9 ÷ 6 = 1.5

So 1.5 would be our mean.

To find the mean absolute deviation subtract our mean and our original numbers.

1.5 - 4 = 2.5

1.5 - 1 = 0.5

1.5 - 2 = -0.5

1.5 - 1 = 0.5

1.5 - 0 = 1.5

1.5 - 1 = 0.5

Add all of those numbers together.

2.5 + 0.5 + 0.5 + 0.5 + 1.5 + 0.5 = 6

Even though one of the numbers was a negative answer we add it as a positive because the mean absolute deviation can never be negative

Divide by the amount of numbers you added.

6 ÷ 6 = 1

So the mean absolute deviation is 1

I also took the test that had 10 questions and got a 100

I'm pretty late to answer but hope this helps for others in the future

I learned this like a week or less ago so my explanation might not make the most sense.

What is 67840000000 in scientific notation ?

Answers

Answer:

6.784 × 10¹⁰

Step-by-step explanation:

→ First count the number of 0's

0000000 = 7 zero's

→ Count how many decimal places until a single digit

6.784 = 3 decimal places

→ Add the number of zero's with the decimal place's

7 + 3 = 10

6.784 × 10¹⁰

Answer:

6.784 times 10^10

Step-by-step explanation:

Hopes this helps :)

Can I pls get a brainliest

I need help on 27-30

Answers

The answer is -3 because you could do 27-27 which would give you 0 and you would have 3 left over so you would take that away and it gives you -3
the answer is negative 3

please don’t skip me i really need this answer

show all work

Answers

Answer: The answer is b

Step-by-step explanation:

What is the result when the number 10 is decreased by 5.1%?

Answers

Answer:

(10/100)*94.9 = 9.49

Step-by-step explanation:

Divide by 100 and multiply by 100-5.1 = 9.49

where the digit 1 sits in this number.

712,662,522,097

Answers

Answer:

ten billionths place

Step-by-step explanation:

HELP ASAP my answer is B im pretty sure im wrong..

Answers

The answer is A ..........

I need helpp asap pleasee

Answers

Answer:

0

Step-by-step explanation:

im pretty sure the answer is 0. bc -17-(-17)=0 and the square root of 0 is 0.

Marco walked 27/100 kilometer to the park. then he walked 3/10 kilometer to the library. What fraction of a kilometer did he walk in all?

Answers

Answer:57/100

Step-by-step explanation:

First, convert 3/10 into hundreths to get a denominator equal to the other:

3/10 km = 30/100km

Add the numerators: 27+30=57

Place numerator over common denominator: 57/100

Charlotte wants to solve the equation 6(2x+1) – 3 = 4x – 5. Which step would be an appropriate first step for Charlotte to take to solve for x? I need help!!!

Answers

Answer:

6(2x+1) – 3 = 4x – 5

Firstly multiply

12x + 6 -3 = 4x-5

12x - 4x = -5-3

8x = -8

x =-1

The appropriate first step for Charlotte to take to solve for x is expanding the brackets and the solution of the given equation is x = -1.

What is an equation?

In mathematics, an equation is a formula that expresses the equality of two expressions by connecting them with the equal sign =

Now the given equation is,

6(2x+1) – 3 = 4x – 5

So, appropriate first step to take to solve for x is expanding the brackets so, expanding the brackets we get,

12x + 6 – 3 = 4x – 5

or, 12x + 3 = 4x – 5

Taking alike terms together we get,

12x - 4x = – 5 - 3

Solving we get,

8x = -8

Dividing both side by 8 we get,

x = -1

which is the required solution of the given equation.

Thus, the appropriate first step for Charlotte to take to solve for x is expanding the brackets and the solution of the given equation is x = -1.

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Is 0.625 greater than 0.75

Answers

Answer:

no

Step-by-step explanation:

A rectonale has an area of
36cm and width 3cm. Find it's perimeter.​

Answers

It is 29 hope this helps

Answer:

[tex] \boxed{ \bold {\huge{ \text{30 \: cm}}}}[/tex]

Step-by-step explanation:

[tex] \star{ \sf{ \underline{ \: \: Given}}}[/tex]

Area of a rectangle ( A ) = 36 cm²

Width of a rectangle ( w ) = 3 cm

[tex] \star{ \sf{ \underline{ \: \: To \: Find}}}[/tex] :

Perimeter of a rectangle ( P ) = ?

First, finding the length of a rectangle ( l ) :

[tex] \boxed{\text{area \: of \: a \: rectangle = length ∗ width}}[/tex]

[tex] \dashrightarrow{ \sf{36 = length \times 3}}[/tex]

[tex] \dashrightarrow{ \sf{36 = 3 \: length}}[/tex]

[tex] \dashrightarrow{ \sf{3 \: length = 36}}[/tex]

[tex] \dashrightarrow{ \sf{ \frac{3 \: length}{3} = \frac{36}{3} }}[/tex]

[tex] \dashrightarrow{ \sf{length = 12 \: cm}}[/tex]

Length of a rectangle = 12 cm

Now, finding the perimeter of a rectangle having length of 12 cm and width of 3 cm

[tex] \boxed{ \text{perimeter \: of \: a \: rectangle = 2(l + w)}}[/tex]

[tex] { \sf{perimeter \: of \: a \: rectangle = 2(12 + 3)}}[/tex]

[tex] \dashrightarrow{ \sf{perimeter \: of \: rectangle = 2 \times 15}}[/tex]

[tex] \dashrightarrow{ \sf{perimeter \: of \: rectangle = 30 \: cm}}[/tex]

Perimeter of a rectangle = 30 cm

Hope I helped!

Best regards! :D

Multiply
(3c-5d)(7c-20)
please help i’m doing a test

Answers

Answer: 21c + 100d

Hope this helps!

Answer:

21c^2-60c-35cd+100d

Step-by-step explanation:

use foil method

(3c-5d)(7c-20)

21c^2-60c-35dc+100d simplify

21c^2-60c-35cd+100d nothing to simplify here

?show that 33105 is divisible by 15?​

Answers

Answer:

um 2207 times 15 is 33105

if M is the midpoint of AB, find the coordinates of A if B(4,-6) and M(1,-2) A is ___.

Answers

Answer:

work is attached and shown

PLEASE HELP ALGEBRA 2!!

Answers

Answer:

8- option 4

9- option 2

10-option 1

Can anyone help me on this question?

Answers

Cant view the picture
Add all of the absolute deviations and divide by the number of swimmers

solve for the equation 2x+9=3x

Answers

The answer for the equation is x=9 hope this helps

2. Which of the follow is equivalent to the quantity below? *
(1 Point)
2-1
3
1
2




Need help!!!!!!!!!!!!!

Answers

1

2-1=1

Brainliest?pls

Change the fraction into a decimal
[tex] \frac{7}{100} [/tex]

Answers

Answer:

0.07

Step-by-step explanation:

Write an integer for: a deposit of $45 * Plz help fast!

Answers

Answer:

$45

Step-by-step explanation:

A deposit is positive, so the integer will be positive.An integer is a whole number that's not a fraction, so a positive integer for 45, would be 45.

I hope this helps!

An integer is a whole number that's not a fraction, thus a positive integer for 45, would be 45.

What are  integers?

Natural numbers are: 1, 2, 3, ....

Integer numbers are: ...., -2, -1, 0, 1, 2, ... (so it includes positive and negative natural number, and 0 )

Rational numbers are numbers which can be written in the form of a/b where a and b are integers. Example: 1/2, 3.5 (which is writable as 7/5) etc.

Irrational numbers are those real numbers which are not rational numbers.

Know that all natural numbers are integers, all integers are rational numbers. That means, natural numbers are not irrational.

We have to write an integer for: a deposit of $45 *

A deposit is positive, therefore the integer will be positive.

An integer is a whole number that's not a fraction, thus a positive integer for 45, would be 45.

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please give step by step instructions
2c+3=2c+3​

Answers

Answer:

All real numbers are solutions.

Step-by-step explanation:

Step 1: Subtract 2c from both sides.

2c + 3 − 2c = 2c + 3 − 2c

3 = 3

Step 2: Subtract 3 from both sides.

3 − 3 = 3 − 3

0 = 0

All real numbers are solutions.

All real numbers are solutions.

Step-by-step explanation:

Step 1: Subtract 2c from both sides.

2c + 3 − 2c = 2c + 3 − 2c

3 = 3

Step 2: Subtract 3 from both sides.

3 − 3 = 3 − 3

0 = 0

All real numbers are solutions.

a and Ly started sung money at the same time for Christmas gis erika started with $100 and added $35 a week. Uly saved $60 a week and
started with 25. How many weeks will it take for them to have the same amount of money saved for Christmas gifts?
weeks torna and Ly to have the same amount of money saved up

Answers

Answer:

Step-by-step explanation:

Erika: y = 35x + 100

Ly: y = 60x + 25

60x + 25 = 35x + 100

25x + 25 = 100

25x = 75

x= 3 weeks

Erika: y = $35(3) + 100= 105 + 100 = $205

Ly: 60(3) + 25 = 180 + 25 = $205

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