5000 shares of stock were purchased at $25 per share with a 5% broker commission.  The following year they were sold for $28 per share with a 3% broker commission.  What was the profit on this investment? You pay the commission both when buying and selling.  Commission is added to the buying cost and subtracted from the selling amount. ___$4,550.00 ___$4,650.00 ___$4,750.00 ___$5,025.00

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Q: Yvonne's taxable income for the last pay period was $999.70. If the federal income tax rate was 11%,…

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A: Solution

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Q: Success Paid Rs. 2,100

A: yes

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Q: Find the sales tax on a $29.99 purchase if the sales tax rate is 6 1/2%.

A: Purchase = 29.99Sales tax rate = 6.5%

Q: ou purchase 480 shares of stock at $37.60 per share. Several months later you sell the shares at…

A: Given problem is : You purchase 480 shares of stock at $37.60 per share. Several months later you…

Q: A dealer sells a car for $7200 making a profit of 20% on the original cost. What is the price?

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Q: You purchase 260 shares of stock at $37.20 per share. Several months later you sell the shares at…

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Q: (c). $74,835 invested at 4% for 55 days. Balance = $ Number Interest = $ Number

A:

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Q: What value would you project for a share of stock at the beginning of year 3? $

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Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.