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(4) A hypothetical investor purchased 200 shares of Amazing Corp. common stock a per share price of $30.00 on July 2, 2020. The same investor then sold 100 share. of the investment, on Sept. 3, 2020 at $19.00 per share. The same investor subsequently sold the remaining 100 shares of the initial investment, for $57.00 per share on April 7, 2021. All of the transactions were executed through the same broker that charged a 1% commission on the value of each of the trades. Find the (Show your Calculations): a) Total amount of commissions the investor paid on all of the transactions? b) Proceeds on all of the transactions? c) Amount of profit (or loss) made by the investor on the entire transaction?

(4) A hypothetical investor purchased 200 shares of Amazing Corp. common stock a per share price of $30.00 on July 2, 2020. The same investor then sold 100 share. of the investment, on Sept. 3, 2020 at $19.00 per share. The same investor subsequently sold the remaining 100 shares of the initial investment, for $57.00 per share on April 7, 2021. All of the transactions were executed through the same broker that charged a 1% commission on the value of each of the trades. Find the (Show your Calculations): a) Total amount of commissions the investor paid on all of the transactions? b) Proceeds on all of the transactions? c) Amount of profit (or loss) made by the investor on the entire transaction?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Number 4 a b and c
(4) A hypothetical investor purchased 200 shares of Amazing Corp. common stock a a per share price of $30.00 on July 2, 2020. The same investor then sold 100 shares of the investment, on Sept. 3, 2020 at $19.00 per share. The same investor subsequently sold the remaining 100 shares of the initial investment, for $57.00 per share on April 7, 2021. All of the transactions were executed through the same broker that charged a 1% commission on the value of each of the trades. Find the (Show your Calculations): a) Total amount of commissions the investor paid on all of the transactions? b) Proceeds on all of the transactions? c) Amount of profit (or loss) made by the investor on the entire transaction? (5) Applying the following hypothetical Federal Income Tax Rate Table, for a Single Tax-Filer earning $100,000 annually, calculate the following (Show your Calculations): a) Total Tax Due? b) Marginal Tax Rate? c) Effective Tax Rate? Tax Rate Single Tax Filer 10% Up to $10,000 15% $10,000 - $40,000 25% $40,000 – $85,000 30% $85,000 – $150,000 35% $150,000 $400,000 (6) Assume you have a credit card that has a 24% APR and you have an average daily balance of $1,500.00. Assume there are 12 eaual monthly billing Cycles on the credit card
Transcribed Image Text:(4) A hypothetical investor purchased 200 shares of Amazing Corp. common stock a a per share price of $30.00 on July 2, 2020. The same investor then sold 100 shares of the investment, on Sept. 3, 2020 at $19.00 per share. The same investor subsequently sold the remaining 100 shares of the initial investment, for $57.00 per share on April 7, 2021. All of the transactions were executed through the same broker that charged a 1% commission on the value of each of the trades. Find the (Show your Calculations): a) Total amount of commissions the investor paid on all of the transactions? b) Proceeds on all of the transactions? c) Amount of profit (or loss) made by the investor on the entire transaction? (5) Applying the following hypothetical Federal Income Tax Rate Table, for a Single Tax-Filer earning $100,000 annually, calculate the following (Show your Calculations): a) Total Tax Due? b) Marginal Tax Rate? c) Effective Tax Rate? Tax Rate Single Tax Filer 10% Up to $10,000 15% $10,000 - $40,000 25% $40,000 – $85,000 30% $85,000 – $150,000 35% $150,000 $400,000 (6) Assume you have a credit card that has a 24% APR and you have an average daily balance of $1,500.00. Assume there are 12 eaual monthly billing Cycles on the credit card
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