Answer:
Step-by-step explanation:
Given the following :
Number of shares purchased (2016) = 50
Purchase price of shares $396.33 per share
Closing price per share four years later = $778.38
A) What did Chadwick pay for all of the shares in 2016?
Purchase price per share × number of shares.
$396.33 × 50 = $19,816.50
B) What was the closing value of all of the shares four years later?
Closing price per share × number of ahaf
=$778.38 × 50
= $38,919
C.) Profit on stock :
$(38,919 - 19,816.50)
= $19,102.5
D) What is his rate of return on his shares when he sold them?
(Current Purchase - initial value) /current price
(778.3 - 396.33) / 396.33
= (381.97 / 396.33) 100%
= 0.9637675
=
The better deal is the Full Warranty, by approximately 174 dollars. To solve the cost of the full warranty, simply multiply 30 percent times the cost of the washer/dryer.30 x 1,179 = 353.70. You do not need to add anything to this because the warranty covers the extra costs. To solve for the cost of the limited warranty, multiply 14 percent times the cost of the washer/dryer, plus the cost of the new parts and the repair center costs (the warranty only covers the labor repair costs): (.14 x 1,179) + 211 + 152 --> 165.06 + 211 + 152 = 528.06. The full warranty is clearly cheaper. To figure out by how much, simply subtract the full warranty from the limited warranty: 528.06 - 353.70 = 174.36. To round to the nearest number, take off the decimal: 174. So that means your answer is D hope this helps.
Answer:
$11
Step-by-step explanation:
We want to calculate the expected gain or loss of Stock ABC with the probabilities above.
Note that loss is written in negative.
Stock ABC has an expected gain of $11.
