P-.15p this is the expression for cost after discount
and its just .15p for just the discount
S=small pizzas
p=pasta dinners
s+p=1600
9s+13p=15600
multiply first equaiton by -9 and add to the second one
-9s-9p=-14400
<u>9s+13p=15600 +</u>
0s+4p=1200
4p=1200
divide by 4
p=300
sub back
s+p=1600
s+300=1600
minus 300 both sides
s=1300
1300 small pizzas
300 pasta dinners
Annually: Total Amount= $1,611.76 Interest Amount= $711.76
Semiannually: Total Amount= $1,625.50 Interest Amount= $725.50
Quarterly: Total Amount= $1,632.62 Interest Amount= $732.62
Answer:
Rebecca does not have a return yet because the stock was not sold since there was a limit order at $33.
However, the value of her investment can be put around $2,400 (100 x $24 average price).
Step-by-step explanation:
Price of Havad Stock bought a year ago = $20
No. of shares = 100
Limit order selling price = $33
Stock prices during the limit order day = $23, $26, and $22
The stock cannot be sold, since its price did not reach $33.
Rebecca's limit order is an order to buy or sell her stock in Havad at $33 or better. Since her order is a sell limit order, it can only be executed at the limit price of $33 or higher. Unfortunately, the price of the stock did not reach the limit order on that particular day. This implies that her limit order is not guaranteed to execute.