What is the total cost of the purchase

Assignment Help Mathematics
Reference no: EM13186232

An investor buys 200 shares of GDT at a price of $63.90 per share, pays a 2 percent commission on the purchase, and sells the 200 shares a year later for $64.00 per share with a 2 percent commission on the sale. What is the total cost of the purchase (commission cost).

Reference no: EM13186232

Questions Cloud

State the elements in the same order as they are mentioned : Determine the empirical formula of each of the following compounds. (Type your answer using the format CH4 for CH4 and list the elements in the same order as they are mentioned in the problem.
Mountain rises and descends on the leeward side : Suppose that the surface air on the windward side of a mountain rises and descends on the leeward side. Recall from Chapter 4 that the dew-point temperature is a measure of the amount of water vapor in the air.
What is the daffynition decoder for warehouse and explain : what is the daffynition decoder for warehouse and explain?
Hearing the word rabbit may lead people to spell the spoken : Hearing the word "rabbit" may lead people to spell the spoken word "hair" as "h-a-r-e." This best illustrates the outcome of a process known as
What is the total cost of the purchase : An investor buys 200 shares of GDT at a price of $63.90 per share, pays a 2 percent commission on the purchase, and sells the 200 shares a year later for $64.00 per share with a 2 percent commission on the sale. What is the total cost of the purch..
How many gallons of water are being pumped out each hour : How many gallons of water are being pumped out each hour?
When it comes to protest activities-majority of americans : When it comes to protest activities, a majority of Americans are
How many buttons will have to be pushed : a telemarketer must call 157 U.S. phone numbers every shift to meet their quota. How many buttons will have to be pushed to mke 157 long distance calls?
What percent of the required credits does she have : Sharon needs 64 credits to graduate fro her community college. So far she has earned 24 credits. What percent of the required credits does she have?

Reviews

Write a Review

Mathematics Questions & Answers

  Majoring in both psychology and business

the students are psychology majors & 62% are business majors. If there are 200 students, how many of them are majoring in both psychology & business?

  Correspondence of borel sets

Let f : X -> Y, ( X and Y are topological spaces)be homeomorphism, prove that it establishes one-to-one correspondence between Borel sets in X and Y.

  What is the rate of change of the radius of the lower

What is the rate of change of the radius of the lower ball at moment when the radius of the middle ball is 12in?

  Find the exact value of the surface area of the prism

the length and width of the base of a rectangular prism are 5.5 cm and 3 cm. The height of the prism is 6.75 cm. Find the exact value of the surface area of the prism, in square centimeters.

  Find statistical probability- emergency call rates

Statistical Probability: Emergency Call Rates. Let sample mean = 70 and the sample variance = 36 and assume the data is normally distributed. Use ths information to answer the following:

  What is the maximum height of the javelin

A javelin is thrown in the air. It's height is given by h(x)= -1/20x^2+8x+6, where x is the horizontal distance in feet from the point at which the javelin is thrown.

  What is the probability that rene will make the tee

If Mark makes the tee time, then there is a 0.8 chance that Rene will then make the tee time. What is the probability that Rene will make the tee time but Mark will not?

  Combinatorics with constraints

Six people are going to travel to Mexico City by car. There are six seats available in the car. In how many different ways can the six people be seated in the car if only three of them can drive?

  Regular topological spaces

Reals with the "finite complement topology:" U open in X if U - X is finite or is all of X. Why compact? Why not regular? Reals with the "countable complement topology:" U open in X if X - U is countable or is all of X. Why not compact? Why not regul..

  Determining fundamental period

Find the fundamental period p and corresponding w of: Help needed: How would i solve these problems?

  Recursive relation near fixed point

Regardless of the choice of parameter u. Determine the range of u values for which this fixed point is stable.

  Correlation coefficient-correlating data

Using the following data, obtained from an imaginary harness small manufacturing company, determine the correlation between the number of hours that an employee works and how many belts they produce:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd