1. Your stock broker charges a 7% fee every time stocks are bought and sold. How much
profit would you earn from the sale of 250 shares that are worth $4.50 each.

Answers

Answer 1

To determine the profit earned from selling 250 shares worth $4.50 each with a 7% fee charged by the stock broker, we need to calculate the total revenue earned and the total cost incurred.

Total revenue earned from selling 250 shares at $4.50 per share:

Revenue = 250 x $4.50 = $1,125

Total cost incurred for buying and selling the shares, including the 7% fee charged by the broker:

Cost = 2 x 250 x $4.50 x 0.07 = $157.50

Here, we are multiplying the number of shares (250) by the price per share ($4.50) to get the total value of the shares. Then we multiply this by 2, since we need to account for both the buying and selling transactions, and then multiply by the broker fee rate of 7% (0.07) to get the total cost incurred.

Therefore, the profit earned from the sale of 250 shares is:

Profit = Revenue - Cost

Profit = $1,125 - $157.50

Profit = $967.50

Hence, the profit earned from selling 250 shares worth $4.50 each with a 7% fee charged by the stock broker is $967.50.

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Related Questions

Kyle wrote a matrix to represent a system of equations. The matrix is shown below.
[1 -3 1 4 | 4]
[3 2 1 | 3]
[-6 -4 -2 | 1]
Which of the following describes the solution to the system of equations?
- consistent
- dependent
- inconsistent
- independent

Answers

The system is inconsistent and has no solution. Therefore, the answer is "inconsistent".Since the last row is of the form [0 0 0 | b], where b is nonzero (b=7

To determine whether the system of equations represented by the given matrix has a solution, we can use row operations to put the matrix into reduced row echelon form. If the resulting matrix has a row of the form [0 0 ... 0 | b], where b is nonzero, then the system is inconsistent and has no solution. If there are any free variables in the reduced row echelon form, then the system has infinitely many solutions and is dependent. If there are no free variables and no rows of the form [0 0 ... 0 | b], then the system has a unique solution and is independent.

Using row operations, we can put the given matrix into reduced row echelon form as follows:

[tex][1 -3 1 4 | 4] (R1)[3 2 1 | 3] (R2)[-6 -4 -2 | 1] (R3)[/tex]

([tex]R2 - 3*R1) - > R2:[/tex]

[tex][1 -3 1 4 | 4] (R1)[0 11 -2 |-9] (R2)[-6 -4 -2 | 1] (R3)(R3 + 6*R1) - > R3:[1 -3 1 4 | 4] (R1)[0 11 -2 |-9] (R2)[0 -22 4 | 25] (R3)(R3 + 2*R2) - > R3:[1 -3 1 4 | 4] (R1)[0 11 -2 |-9] (R2)[0 0 0 | 7] (R3)[/tex]

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1. You purchase a car using a $12,500 loan with a 5.6% simple interest rate.
(a) Suppose you pay the loan off after 6 years. How much interest do you pay on your loan? Show your work.
(a) Suppose you pay the loan off after 3 years. How much interest do you save by paying the loan off sooner? Show your work.

Answers

The interest that is paid on the loan in 6 years will be $4,200.

The amount of interest that is saved is $2,100.

What is the interest on the loan?

The simple interest is a linear function of the number of years of the loan, value of the loan and the duration of the loan. The higher either of these values are, the higher the simple interest.

Simple interest = loan x time x interest rate

Simple interest if the loan is paid off after 6 years: $12,500 x 6 x 0.056 = $4,200

Simple interest if the loan is paid off after 3 years: $12,500 x 3 x 0.056 = $2100

Interest saved = $4200 - $2100 = 2100

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Pleaseeeeeee helps meeeeeeee I'd really appreciate it

Answers

Answer:

5683200

Step-by-step explanation:

Move the decimal 4 places to the right because [tex]10^4[/tex] has 4 zeros.

Ricardo took out a single payment loan for $2500 at 7.8% ordinary interest to pay his federal income tax bill. Find the maturity value of the loan if he had to pay it back after 180 days.

Answers

Answer:

Therefore, the maturity value of the loan is $2568.75.

Step-by-step explanation:

To calculate the maturity value of the loan, we need to add the interest to the principal.

First, we need to find out how much interest Ricardo will owe for the 180-day period.

The formula for calculating ordinary interest is:

Interest = Principal x Rate x Time

where:

Principal = $2500

Rate = 7.8% = 0.078 (expressed as a decimal)

Time = 180/360 (since the interest is for a 180-day period and the rate is an annual rate)

Time is expressed as a fraction of a year because the rate is an annual rate. In this case, the time is 180/360 because the loan is for 180 days, which is half of a year.

Using the formula above, we can calculate the interest as follows:

Interest = $2500 x 0.078 x 180/360 = $68.75

Therefore, Ricardo will owe $68.75 in interest for the 180-day period.

To find the maturity value of the loan, we add the interest to the principal:

Maturity Value = Principal + Interest = $2500 + $68.75 = $2568.75

Therefore, the maturity value of the loan is $2568.75.

Suppose that 14% of the population of the U.S. is left-handed. If a random sample of 190 people from the U.S. is chosen,
approximate the probability that fewer than 25 are left-handed. Use the normal approximation to the binomial with a correction
for continuity.
Round your answer to at least three decimal places. Do not round any intermediate steps.
(If necessary, consult a list of formulas.)

Answers

The formula for the normal approximation to the binomial with a correction for continuity is

P(X ≤ x) ≈ Φ(z), where z = (x + ½ - μ)/σ

In this case, μ is the expected number of left-handed people in the sample, which is 0.14*190 = 26.6

σ is the standard deviation of the sample, which is (0.14*(1-0.14))^0.5*190 = 5.58

x is the desired number of left-handed people in the sample, which is 24.5 (since fewer than 25)

Therefore, z = (24.5 + ½ - 26.6)/5.58 = -1.03

The probability that fewer than 25 people in the sample are left-handed is then Φ(-1.03) = 0.1545, to at least 3 decimal places.

Anyone Want to Give me 6th Grade Inequalities?
Reward- Brainliest and 10 Tokens​

Answers

Answer:

3x + 4 < 13

2y - 5 > 7

6n - 1 ≤ 23

8m + 2 ≥ 18

4a - 7 < 5a + 2

9b + 3 > 6b + 10

Step-by-step explanation:

I dunno if this is what you're asking for

Answer:

ok.....

x + 2 < 5

|x - 4| > 4

x + 7 [tex]\geq[/tex] 8

-x < -5

x - 5 < 9

5x + 18 > 2

|3x - 1| < 8

What is the least amount of wrapping paper needed to wrap a gift box that measures 8 inches by 8 inches by 10 inches.

Answers

The first thing we must do for this case is to find the surface area of the rectangular prism.

We have then:

[tex]A = 2 \times (l \times h) + 2 \times (h \times w) + 2 \times (w \times l)[/tex]

Where,

w: width

l: long

h: height

Substituting values we have:

[tex]A = 2 \times (10 \times 8) + 2 \times (8 \times 8) + 2 \times (8 \times 10)[/tex]

[tex]A = 448 \ in ^ 2[/tex]

Answer:

the least amount of wrapping paper needed to wrap the gift box answer is:

A = 448 in²

Jolen has a bag with 25 popsicles sticks, each numbered 1-25. How many sticks are labeled with a prime number?

A. 8
B. 9
C. 10
D. 11

Show your work.

Answers

Answer:

B: 9

Step-by-step explanation:

The prime numbers are 2, 3, 5, 7, 11, 13, 17, 19, and 23.

Given that ABCD is a rhombus, find the value of x. 4 (X +40) A. 75 B. 52 C. 25 D. 46 F. 26​

Answers

the value of variable x in the rhombus is Option (c) 25.

Definition of a rhombus

A parallelogram is a particular instance of a rhombus. opposite sides and angles of the rhombus are parallel and equal. The rhombus has equal-length sides on each side, and its diagonals meet at right angles to form its shape as square. The rhombus is sometimes called as a diamond or rhombus.

Let O be the intersection point of the line AC and the line BD in the rhombus.

This two lines intersect at a 90° angle in the center. ( Property of Rhombus)

∠AOD=90°

According to the question:

∠AOD+∠OAD+∠ODA=180° (triangle sum property)

90°+x+x+40°=180°

2x=180°-130°

x=25

Hence the value of x=25.

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14509772 rounded to the nearest ten thousand​

Answers

The nearest ten thousand of the digits  14509 is 14, 000.

How to round to the nearest ten thousand?

The rule for rounding to the nearest ten thousand is to look at the last four digits.

If the last four digits of the number is greater than 5000, we have to round the value up but if the number is below 5000 we have to round below.

For example let's round up 27567 to the nearest ten thousands.

Therefore, 7567 is above 5000, Hence, we have to round up. The nearest ten thousand of 27567 is 30000.

Let's round 14509 to the nearest ten thousand.

The nearest ten thousand of 14509 is 14, 000

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im sorry for asking this i forgot to add this
A turtle and a snail are 300 feet apart when they start moving toward
each other. The turtle walks 5 feet per minute, and the snail crawls 1
foot per minute.
(How fast are the turtle and snail approaching each other?)

Answers

The turtle and snail are moving 6 feet per minute

5.7. Suppose n = 2911 and e = 11. Encrypt the following messages as in
Example (5.3).
a) "OK"
b) "HELP" (Break this up into two blocks.)

Answers

Note that,
the encrypted message for "OK" is the pair of numbers (616, 2385).
and the final encrypted message for "HELP" is the sequence of numbers (738, 1277, 1479, 2252).

How do you Encrypted a Message?

To encrypt a message using RSA, we need to first represent the message as numbers using a suitable encoding scheme. For simplicity, we can use the ASCII code for each character, which is a standard encoding scheme for text.

a) To encrypt "OK", we first convert each letter to its corresponding ASCII code:

"O" = 79

"K" = 75

Next, we use the RSA encryption formula:

C ≡ [tex]M^{e}[/tex] (mod n)

For "O", we have C ≡ 79¹¹ (mod 2911) ≡ 616 (mod 2911)

For "K", we have C ≡ 75¹¹ (mod 2911) ≡ 2385 (mod 2911)

Therefore, the encrypted message for "OK" is the pair of numbers (616, 2385).

b) To encrypt "HELP", we break it up into two blocks:

Block 1: "HE"

Block 2: "LP"

For block 1, we have:

"H" = 72

"E" = 69

Using the RSA encryption formula, we get:

C1 ≡ 72¹¹ (mod 2911) ≡ 738 (mod 2911)

C2 ≡ 69¹¹ (mod 2911) ≡ 1277 (mod 2911)

Therefore, the encrypted message for "HE" is the pair of numbers (738, 1277).

For block 2, we have:

"L" = 76

"P" = 80

Using the RSA encryption formula, we get:

C3 ≡ 76¹¹ (mod 2911) ≡ 1479 (mod 2911)

C4 ≡ 80¹¹ (mod 2911) ≡ 2252 (mod 2911)

Therefore, the encrypted message for "LP" is the pair of numbers (1479, 2252).

The final encrypted message for "HELP" is the sequence of numbers (738, 1277, 1479, 2252).

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Show working out please need to understand

Answers

The prοbability that mοre than twο machines need cοrrecting is apprοximately 0.0826 οr 8.26%.

What is binοmial distributiοn?  

Binοmial distributiοn is a prοbability distributiοn that describes the number οf successes in a fixed number οf independent trials, where each trial can οnly have twο οutcοmes: success οr failure.

Accοrding tο questiοn:

Let X be the number οf machines that need cοrrecting adjustments during a day's prοductiοn run, and let p = 0.2 be the prοbability that any οne machine needs cοrrecting.

Then, X fοllοws a binοmial distributiοn with parameters n = 6 (the number οf machines) and p = 0.2 (the prοbability οf a machine needing cοrrecting).

The prοbability οf X is:

P(X &gt; 2) = 1 - P(X &lt;= 2)

Tο calculate P(X &lt;= 2), we can sum the prοbabilities οf X taking οn the values 0, 1, and 2:

P(X &lt;= 2) = P(X = 0) + P(X = 1) + P(X = 2)

P(X = 0) = (6 chοοse 0) * 0.2⁰ * 0.8⁶ = 0.2621

P(X = 1) = (6 chοοse 1) * 0.2¹ * 0.8⁵ = 0.3932

P(X = 2) = (6 chοοse 2) * 0.2²* 0.8⁴ = 0.2621

Therefοre,

P(X &lt;= 2)

= 0.9174

And

P(X &gt; 2)

= 1 - P(X &lt;= 2)

= 1 - 0.9174

= 0.0826

Sο the prοbability that mοre than twο machines need cοrrecting is apprοximately 0.0826 οr 8.26%.

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HELPPPPPP PLEASE PLEASEEEEEE
Determine a function type that
could represent the values in the
table.
x f(x)
0 −18
1 −15
2 −12
3 −9
4 −6

◻ linear
◻ quadratic
◻ exponential

Answers

Answer: Linear

Step-by-step explanation:

Since the difference between consecutive values of f(x) is constant, this suggests that the function could be linear. To confirm this, we can calculate the differences between consecutive values:f(1) - f(0) = -15 - (-18) = 3

f(2) - f(1) = -12 - (-15) = 3

f(3) - f(2) = -9 - (-12) = 3

f(4) - f(3) = -6 - (-9) = 3

Since the differences are constant and equal to 3, this confirms that the function is linear.

To find the equation of the linear function, we can use the slope-intercept form of a linear equation:

y = mx + bwhere m is the slope and b is the y-intercept.

We can use the first two points (0, -18) and (1, -15)  to find the slope:

m = (change in y) / (change in x) = (-15 - (-18)) / (1 - 0) = 3

Now we can use the slope and one of the points to find the y-intercept:

y = mx + b

-18 = 3(0) + b

b = -18

Therefore, the equation of the linear function is:

f(x) = 3x - 18

So the function type that could represent the values in the table is linear.

Gina started making sugar cookies for her friends at 12:15 P.M. It took her 1 hour and 15 minutes to make

Answers

Gina finished making sugar cookies at 1:30 P.M.

What is the basic arithmetic operations?

The four basic mathematical operations are Addition, subtraction, multiplication, and division.

To find out what time Gina finished making sugar cookies, we need to add the time it took her to make them to the starting time.

Starting time: 12:15 P.M.

Time it took to make cookies: 1 hour and 15 minutes

To add the time, we first convert 1 hour and 15 minutes to hours by dividing the minutes by 60:

1 hour and 15 minutes = 1 + 15/60 hours = 1.25 hours

Now we can add 1.25 hours to 12:15 P.M.:

12:15 P.M. + 1.25 hours = 1:30 P.M.

Hence, Gina finished making sugar cookies at 1:30 P.M.

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Complete question:

Gina started making sugar cookies for her friends at 12:15 P.M. It took her 1 hour and 15 minutes to make. By what time Gina finished making sugar cookies?

3x-4+2x+6+x=
write and solve an equation to find x

Answers

Answer:

x=-1/3

Step-by-step explanation:

3x-4+2x+6+x=0

6x+2=0

6x=-2

x=-2/6

x=-1/3

HELP ASAP WILL GIVE 100 PTS FOR THE CORRECT ANSWER AND WILL GIVE BRAINLYEST

Answers

Answer: Answer is below <3

The quotient of three times a number and 7: 3n/7

The difference between 5 and a number is x:  5 - n = x

The product of 3 times a number and 7:  (3n)(7)

Two times the sum of a number and 9:  2 (n + 9)

The sum of twice a number and 9:  2n + 9

5 less than a number is x:  x = n - 5

3x and 2x are supplementary what is the value of x

Answers

Hence, x has a value of 36 as the sum of the supplementary angles 3x and 2x must equal 180 degrees .

what is angles ?

Angles in mathematics are used to quantify how much two intersecting surfaces or lines rotate relative to one another. Angles can be measured in degrees, radians, or various ways. Degrees, which divide a whole rotation into 360 equal parts, are the most popular unit of measurement for angles. Angles are a fundamental idea in geometry and trigonometry and have practical uses in a number of industries, including physics, engineering, and navigation.

given

The sum of the supplementary angles 3x and 2x must equal 180 degrees. Which is:

3x + 2x = 180

Putting similar phrases together on the left side, we get:

5x = 180

When we multiply both sides by 5, we get:

x = 36

Hence, x has a value of 36 as the sum of the complementary angles 3x and 2x must equal 180 degrees .

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Your sister has R375 000 and wants to retire. She expects to live for another 25 years, and she also expects to earn 8% on her invested funds. How much could she withdraw at the beginning of each of the next 25 years, and end up with zero in the account?

Answers

Answer:

Step-by-step explanation:

Your sister can use the formula for calculating the present value of an annuity to determine how much she can withdraw each year.

The formula for the present value of an annuity is:

PV = Payment x (1 - (1 + r)^-n) / r

Where:

- PV is the present value of the annuity

- Payment is the amount of each withdrawal

- r is the annual interest rate

- n is the number of periods (in this case, 25 years)

We can rearrange this formula to solve for Payment:

Payment = PV x r / (1 - (1 + r)^-n)

We know that your sister has R375 000 to start with, and she wants to end up with zero in 25 years. So, her present value (PV) is R375 000, and we can assume her future value (FV) is zero.

Using the future value formula, we can calculate the interest rate she needs to earn in order to end up with zero in 25 years:

FV = PV x (1 + r)^n

0 = 375000 x (1 + r)^25

(1 + r)^25 = 1

1 + r = (1)^1/25

r = 0

This means that your sister needs to withdraw all of her money over the 25 years in order to end up with zero at the end.

Her withdrawal each year would be:

Payment = PV x r / (1 - (1 + r)^-n)

Payment = 375000 x 0.08 / (1 - (1 + 0.08)^-25)

Payment = R34,028.82 per year

Your sister can withdraw R34,028.82 at the beginning of each year for the next 25 years, and she will end up with zero at the end, assuming she earns an 8% return on her invested funds.

What is the lowest common multiple of 8 and 12?​

Answers

Answer:

2 hope that helps

Step-by-step explanation:

The lowest common multiple of 8 and 12 is:


Solution:

24

15 points! please help pleasee!

Answers

Step-by-step explanation:

the perimeter is the sum of the lengths of all outside sides.

at the top is a triangle.

at the bottom is a rectangle.

the triangle looks like an isoceles triangle (both legs are equal), but the given measurement tells us otherwise.

if it were isoceles, the height would split the baseline into 2 equal halves (20/2 = 10ft).

per Pythagoras the 12 ft Hypotenuse would be

Hypotenuse² = 10² + 10² = 100 + 100 = 200

Hypotenuse = sqrt(200) = 14.14213562... and NOT 12 ft.

so, we need to calculate the actual part of the 20ft baseline (again Pythagoras) :

12² = 10² + part²

144 = 100 + part²

44 = part²

part = sqrt(44) = 6.633249581... ft

that means the 2nd part of the baseline is

20 - 6.633249581... = 13.36675042... ft

and we get the second leg of the large triangle again via Pythagoras :

leg² = 10² + 13.36675042...² = 100 + 178.6700168...

leg² = 278.6700168...

leg = sqrt(278.6700168...) = 16.69341238... ft

we need to sum up both legs of the triangle, 2 widths and one length of the rectangle, as the triangle base line and the second length of the rectangle cover each other up, and are not visible to the outside of the combined object.

P = 12 + 16.69341238... + 8 + 8 + 20 = 64.69341238... ft ≈

≈ 64.69 ft

Find the amount and C.I on a sum of Rs. 62500 for 1 year at 5% per annum compounded yearly.

Answers

The amount and the compound interest on a sum of Rs. 62500 are Rs. 65625 and Rs. 3125, respectively.

Calculating the amount and the compound interest

Given:

Principal amount (P) = Rs. 62500

Rate of interest (R) = 5%

Time period (t) = 1 year

Interest is compounded yearly.

Formula for calculating compound interest is given as:

A = P(1 + R/100)ᵗ

where A is the amount.

Using this formula, we can find the amount (A) after one year:

A = 62500(1 + 5/100)¹

A = 65625

Therefore, the amount after one year is Rs. 65625.

To find the compound interest, we can subtract the principal from the amount:

Compound Interest = A - P

= 65625 - 62500

= 3125

Therefore, the compound interest is Rs. 3125.

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The answer please cause I don’t know if somebody could help m

Answers

Answer:

bottom two

Step-by-step explanation:

if "=", equation

if no "=", expression

Answer:

The ones without an equal sign.

Hope this helps!

Step-by-step explanation:

4x - 7 = 5

4x - 7 is the expression

4x, 7, and 5 are terms

4x - 7 = 5 is the equation

Evaluate the following limit. Enter the exact answer in fraction form, if necessary.

Answers

Answer:

To evaluate this limit, we can factor out the highest power of x from the numerator and denominator, which is x^14. Then, we can divide both the numerator and denominator by x^14. This gives:

lim x→∞ (6x^14 + 8x^11 + 37x^14) / x^14

= lim x→∞ (6x^14 / x^14 + 8x^11 / x^14 + 37x^14 / x^14)

= lim x→∞ (6 + 8 / x^3 + 37)

= 6 + 0 + 37 (since as x approaches infinity, 8/x^3 approaches zero)

= 43

Therefore, the value of the limit is 43.

Find the probability of winning second prize in a 5/45 lottery. That is, picking 4 of the 5 winning numbers

Answers

Answer:

The probability of winning second prize in a 5/45 lottery is 1 in 8,145. This is calculated by taking the total number of possible combinations (8,145) and dividing it by the total number of possible outcomes (1).

Can these lengths form a triangle 13, 15, 9

Answers

Answer:

[tex]9 + 15 = 24 > 13[/tex]

[tex]9 + 13 = 22 > 15[/tex]

[tex]15 + 13 = 28 > 9[/tex]

So the lengths 13, 15, and 9 can form a triangle.

ms walker has 15 kilograms of clay she wants to give 3 students an equal amount of clay what is the mass of the clay that each student will get

Answers

Answer: 5kg

Step-by-step explanation:

If Ms. Walker has 15 kilograms of clay that she wants to distribute evenly among 3 students, all you need to do is divide 15 by 3. Doing so, we get:

15 kg / 3 = 5 kg

Therefore, each student will receive 5 kilograms of clay.

The mass of clay that each student will get is 5kg.

Here, the given questions ask for a solution that deals with the concept of  the basic principle of division. hence implementing the principle we can see that,

The given total amount of clay by Ms. walker is 15 kilograms(kg).

Furthermore, this total amount of clay needs to be divided equally between the  3 students.

Then, let the mass of clay given to each student equally be denoted by M in  the equation to find out the solution can be written as

M = Total amount of clay ÷ Total number of students

Then,

M = 15 ÷ 3

M = 5 kg

Therefore, The mass of clay that each student will get is 5kg.

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Which expression is equivalent to -63k-56?

Answers

Answer is
7(-9k -8)
-7 (9k + 8)

I’m not sure what your choices are but these are a couple you can use

1. How many telephones per 100 inhabitants did Bermuda have?
2. In 2005, the population of Luxembourg was 470,000. How many telephones were in use in Luxembourg?

Please help with two questions!!!

Answers

In Bermuda, there are a total of 90 telephones for each 100 people. Also there are a total of 3,76,000 telephones in use in Luxembourg according to simple calculations.

Here, they given that a telephone symbol is equal to 5 telephones.

Then according to the given diagram,

1. There are:

= (5 + 5 + 5 + 3) 5 telephones

= ( 18 ) 5 telephones

= 90 telephones.

Therefore, there are a total of 90 telephones for each 100 people.

2. In 2005, the population of Luxembourg was 470,000.

According to the given diagram, there are 80 telephones available for every 100 people.

For 4,70,000:

100 -------------- 80

4,70,000 ------ (x)

After cross multiplication,

x * 100 = 80 * 470000

x = 8 * 47000

x = 3,76,000

Therefore, there are total of 3,76,000 telephones in use in Luxembourg.

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Cybersecurity is a field limited to only government agencies and defense contractors. true or false

Answers

Answer:  False

Explanation:

Any company that has an online presence (eg: website) needs to take cybersecurity seriously. This is safeguard their customers against online criminals, and also keep their employees safe. Cybersecurity isn't limited to government roles or defense contractor roles only.

Other Questions
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