Stock Investments Exercises 37-42 are based on the following chart, which shows monthly figures for Apple stock in 2010:4
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Number 40
![Stock Investments Exercises 37-42 are based on the following
chart, which shows monthly figures for Apple stock in 2010:4
350 A
317.13
300
317.44
294.07
255.96
260.09
250
235.97
258.77
246.94
235.86
211.98
218.95
200
195.46
150
100 +
+.
Nov-10
Marked are the following points on the chart:
Jan. 10
Feb. 10
Mar. 10
Apr. 10
May 10
June 10
211.98
195.46
218.95
235.97
235.86
255.96
July 10
Aug. 10
Sep. 10
Oct. 10
Nov. 10
Dec. 10
246.94
260.09
258.77
294.07
317.13
317.44
37. Calculate to the nearest 0.01% your monthly percentage
return (on a simple interest basis) if you had bought Apple
stock in June and sold in December.
38. Calculate to the nearest 0.01% your monthly percentage
return (on a simple interest basis) if you had bought Apple
stock in February and sold in June.
al
39. Suppose you bought Apple stock in April. If you later sold
at one of the marked dates on the chart, which of those dates
le
would have given you the largest monthly return (on a simple
interest basis), and what would that return have been?
al
40. V Suppose you bought Apple stock in May. If you later sold
at one of the marked dates on the chart, which of those dates
would have given you the largest monthly return (on a sim-
ple interest basis), and what would that return have been?
ay
em
tor
Jan-10
Feb-10
Mar- 10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Dec-10](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9767db7a-232b-49b0-9146-359df2c5d03c%2Fb985a54f-c09e-434a-b77b-611b8911b303%2Fdajt6a_processed.jpeg&w=3840&q=75)
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