Margin of the investor account at the end of the year

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An investor puts up $5,000 but borrows an equal amount of money from his broker to double the amount invested to $10,000. The broker charges 4% on the loan. The stock was originally purchased at $25 per share, and in 1 year the investor sells the stock for $30. What is the margin of the investor's account at the end of the year? Please show all work,

Reference no: EM131972521

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