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Alex_Xolod [135]
2 years ago
5

Connor bought 30 shares of eBay at $20.95. A year later, he bought 20 more shares at $26.75. He later sold all of his shares at

the price of $35.25. Connors broker charges him 3% of each share as a transaction fee. After all of his transactions, how much money did Connor make?
A. $525.11
B. $493.37
C. $511.21
D. $515.53
Mathematics
2 answers:
zalisa [80]2 years ago
8 0
 (35.25*50-20.95*30-26.75*20) - ((20.95*30)+(26.75*20*)+(35.25*50))*.03 = 599-87.78 = $511.21
katovenus [111]2 years ago
4 0

Answer:  Option 'C' is correct.

Step-by-step explanation:

Since we have given that

Number of shares of eBay bought by Connor = 30

Cost of each share = $20.95

Number of shares he bought more = 20

Cost of each share = $26.75

Rate of charges of broker's commission =- 3% on each share

Selling price of each share = $35.25

According to question,

Total amount he paid to bought the shares

30\times 20.95+20\times 26.75\\\\=\$1163.5

Amount he was charged for commison is given by

1163.5\times 0.03\\\\=\$34.905

Total amount he paid including commission is given by

\$1163.5+\$34.405\\\\=\41198.405

similarly, he sold his shares , amount he received ,

35.25\times 50\\\\=\$1762.5

Again he was charged commission which is given by

1762.5\times 0.03\\\\=\$52.875

Total amount he received on selling the shares is given by

\$1762.5-\$52.875\\\\=\$1709.625

After all of his transactions, Connor makes

\$1709.625-\$1198.405\\\\=\$511.22

Hence, he made $511.21.

Therefore, Option 'C' is correct.

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there are 239 people in the first six rows of the movie theater if the same number of people are in the next six rows about how
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All you need to do for this problem is simply multiply 239 by 2. If the first 6 rows are 239 people, and so are the next 6, that's all you need to do.

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Anil has 2/3 of cake. He ate 4/7 of it. What part of cake has he eaten?
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Which is equivalent toStartRoot 10 EndRoot Superscript three-fourths x ?
DENIUS [597]

Answer:

I THINK its the last one (8 root 10 to the power of 3x)

Step-by-step explanation:

A square root is the same thing as raising something to the 1/2. So the expression we have is (10^1/2)^3/4x.

Due to exponent rules we can multiply to get

10^3/8x which is the same thing as 10^3x/8

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4 0
2 years ago
To increase sales, a local donut shop began putting an extra donut in some of the boxes. Customers are unaware of which boxes ha
Bingel [31]

Answer:

Step-by-step explanation:

Hello!

Part A

First, determine your study variable:

X: Number of boxes with an extra donut in a sample of eight.

To see if the variable has a Binomial distribution you have to check if the binomial criteria are met:

1. The number of observation of the trial is fixed (In this case n = 8, the boxes each customer bought make the sample)

2. Each observation in the trial is independent, this means that none of the trials will affect the probability of the next trial (In this case, the amount of donuts in one box does not affect on the probability of the next box having an extra donut)

3. The probability of success in the same from one trial to another (In this case our "success" will be that the box has an extra donut, according to the owners claim that is 1/7; ρ=0,14)

So X≈ Bi (n;ρ)

Where n represents the sample (n=8) and ρ is the probability of success (ρ=0.14)

Part B

The mean of the binomial distribution is E(X)= nρ

E(X)= 8 * 0.14= 1.12

The mean of the distribution is also called the expected value. You'd expect that 1.12 boxes have an extra donut.

The variance of the binomial distribution is V(X)= nρ(1 - ρ)

V(X)= 8*0.14*(1 - 0.14)= 0.9632

Its square root is the standard deviation

√V(X)= 0.98

The standard deviation is a measure of dispersion, it indicates how much the values ​​of the distribution of the central value are separated. In this case, 0.98 indicates that the distribution of the number of boxes with an extra donut is far from the expected value.

Part C

Two of the eight customers buy a box with an extra donut, symbolically:

P(X=2) = P(X≤2) - P(X≤1)= 0.91 - 0.68 = 0.22

There is a 22% chance that two customers bought a box with an extra donut.

Compute:

P(X≥2)= 1 - P(X<2)= 1 - P(X≤1)= 1 - 0.68= 0.32

There is a 32% chance that two or more customers bought a box with an extra donnut.

I hope it helps!

3 0
2 years ago
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