Julio purchased 1,700 shares of a certain stock for $23,750 (including commissions). He sold the shares 3 year(s) later and received $32,500 after deducting commissions. Find the effective annual rate of return on his investment over the 3-year period.


Group of answer choices

10.50%

10.59%

10.73%

11.02%

Answers

Answer 1

Answer:

The annual interest rate of return during his investment was 12.28%.

Step-by-step explanation:

Since Julio purchased 1,700 shares of a certain stock for $ 23,750 including commissions, and I have sold the shares 3 years later and received $ 32,500 after deducting commissions, to find the effective annual rate of return on his investment over the 3-year period the following calculation  must be performed:

23,750 = 100

32,500 = X

32,500 x 100 / 23,750 = X

3,250,000 / 23,750 = X

136.84 = X

(136.84 - 100) / 3 = X

36.84 / 3 = X

12.28 = X

Therefore, the annual interest rate of return during his investment was 12.28%.


Related Questions

How do I deposit more money into my bank account

Answers

Answer:

When you deposit cash at a bank or credit union, you typically need to use a deposit slip. That's simply a slip of paper that tells the teller where to put the money. Write your name and account number on the deposit slip (deposit slips are usually available at the lobby or drive-throug).

whats 2+2 i dont know the answer .......................

Answers

Answer:

4

Step-by-step explanation:

Two cooies plus two cookies is four cookies.

4 :)

two plus two equal 4

Ty

If f(x)=1−x^2 +x^3 , then f(−1)=

Answers

Answer:

f(-1) = -1

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

FunctionsFunction Notation

Step-by-step explanation:

Step 1: Define

Identify

f(x) = 1 - x² + x³

f(-1) is x = -1 for the function f(x)

Step 2: Evaluate

Substitute in x [Function f(x)]:                                                                           f(-1) = 1 - (-1)² + (-1)³Exponents:                                                                                                        f(-1) = 1 - 1 - 1Subtract:                                                                                                            f(-1) = -1

Ryan bought a new phone case that was originally $80, it is now on sale for $60. What was the percentage change?

Answers

Answer:  25% decrease

Step-by-step explanation:

80 - 60

-----------  =  20/80 = 1/4 OR 25%

   80

Hope this helped :)

The answer is 25% ... 25% off 80 = $60.00

ANSWER FAST
SHOW YOUR WORK

1. 9.5 + x = 14.2

Answers

Answer:

4.7

Step-by-step explanation:

14.2 - 9.5 = 4.7

hope that helps!

Since 14.2 - 9.5 = 4.7, 4.7 = x

Add or subtract. Th S. 29 + 46​

Answers

Answer:

Add I think

If there is a plus sign shouldnt it be adding

Consider a sample with data values of 10, 20, 12, 17, and 16. Compute the -score for each of the five observations (to 2 decimals). Enter negative values as negative numbers. Observed value -score

Answers

Answer:

Hence, the score for each of the five observations are [tex]-1.25,1.25,-0.75,0.50,0.25[/tex]

Given :

Sample with data values of [tex]x_i[/tex]  [tex]10,20,12,17[/tex] and [tex]16[/tex]

Sample size[tex]n=5[/tex]

To find:

Compute the score for each of the five observations.

Explanation :

[tex]\because[/tex] Sample mean [tex]\bar{x}=\frac{\sum x_i}{n}[/tex]

                     [tex]\Rightarrow \bar{x}=\frac{10+20+12+17+16}{5}=\frac{75}{5}[/tex]

                    [tex]\Rightarrow \bar{x}=15[/tex]

Standard deviation [tex]\sigma=\sqrt{\frac{\sum (x_i-\bar{x})^2}{n-1}}[/tex]

                             [tex]\Rightarrow \sigma=\sqrt{\frac{(10-15)^2+(20-15)^2+(12-15)^2+(17-15)^2+(16-15)^2}{5-1}}[/tex]

                            [tex]\Rightarrow \sigma=\sqrt{\frac{(-5)^2+(5)^2+(-3)^2+(2)^2+(1)^2}{4}}[/tex]

                           [tex]\Rightarrow \sigma=\sqrt{\frac{25+25+9+4+1}{4}}[/tex]

                          [tex]\Rightarrow \sigma=\sqrt{\frac{64}{4}} =\sqrt{16}[/tex]

                         [tex]\Rightarrow \sigma=4[/tex]

[tex]\because[/tex] The score of the observations [tex]Z[/tex] is [tex]\frac{x-\bar{x}}{\sigma}[/tex].

So, when [tex](x=10),[/tex]       [tex]Z=\frac{10-15}{4}=-1.25[/tex]

     when [tex](x=20),[/tex]       [tex]Z=\frac{20-15}{4}=1.25[/tex]

     when [tex](x=12),[/tex]      [tex]Z=\frac{12-15}{4}=-0.75[/tex]

    when  [tex](x=17},[/tex]       [tex]Z=\frac{17-15}{4}=0.50[/tex]

    when [tex](x=16)[/tex]       [tex]Z=\frac{16-15}{4}=0.25[/tex]

Part 3. Use side to determine if the triangles in each pair are similar. If so, complete the similarity statement. NO LINKS.!!!!

Answers

9514 1404 393

Answer:

  1) Not Similar

  2) Not Similar

Step-by-step explanation:

1) The side length ratios, shortest to longest, are ...

  VU : UW : WV = 27 : 39 : 52 (reduced)

  DC : CE : ED = 12 : 19 : 24 (reduced)

The side length ratios are different, so the triangles are NOT SIMILAR.

__

2) The side length ratios, shortest to longest are ...

  MK : KL = 13 : 19 (reduced)

  HK : KG = 6 : 9 = 2 : 3 (reduced)

The side length ratios are different, so the triangles are NOT SIMILAR.

Answer:

2) The side length ratios, shortest to longest are .. MK : KL = 13: 19 (reduced) HK : KG = 6:9 = 2:3 (reduced) The side length ratios are different, so the triangles are NOT SIMILAR.


What is the correct ratio? *

Answers

Answer:

The correct ratio is 40/41

Find the volume
Show work

Answers

Sir there seems to be a picture in your pixels.

i would assume the measurements (from left to right) is 34m 14m 20m and 14m

find the area of the triangle so split the 24 in half 12 and 12

then multiply 12*14 which is 168

i would assume the area is 168m^2

then multiply by 20m

3360m ^3

please helpp me with this assignment

Answers

5^3 = 125
2^-4 = 1/16
5^-2 = 1/25
2^5 = 32

Bryce, a top landscape architect, was given a special garden design job. The client owned a property as shown below, in which he wanted to have four separate small gardens, each of them exactly the same size and shape. In other words, “congruent.” Remember, all four gardens must fit exactly within the shape of the property as shown below; you can’t change the dimensions of the property or move things around - you have to keep your design within the original shape. Bryce came up with an ingenious design that fit the client’s request exactly. Can you figure out what his design was?

Answers

.........................................

find the surface area of each figure (spheres and hemispheres)

Answers

Answer:

7. 1520.53 cm²

8. 232.35 ft²

9. 706.86 m²

10. 4,156.32 mm²

11. 780.46 m²

12. 1,847.25 mi²

Step-by-step explanation:

Recall:

Surface area of sphere = 4πr²

Surface area of hemisphere = 2πr² + πr²

7. r = 11 cm

Plug in the value into the appropriate formula

Surface area of the sphere = 4*π*11² = 1520.53 cm² (nearest tenth)

8. r = ½(8.6) = 4.3 ft

Plug in the value into the appropriate formula

Surface area of the sphere = 4*π*4.3² = 232.35 ft² (nearest tenth)

9. r = ½(15) = 7.5 m

Surface area of the sphere = 4*π*7.5² = 706.86 m² (nearest tenth)

10. r = ½(42) = 21 mm

Plug in the value into the formula

Surface area of hemisphere = 2*π*21² + π*21² = 2,770.88 + 1,385.44

= 4,156.32 mm²

11. r = 9.1 m

Plug in the value into the formula

Surface area of hemisphere = 2*π*9.1² + π*9.1² = 520.31 + 260.15

= 780.46 m²

12. r = 14 mi

Plug in the value into the formula

Surface area of hemisphere = 2*π*14² + π*14² = 1,231.50 + 615.75

= 1,847.25 mi²

part 1. Use side ratios to determine if the triangles in each pair of similar. If so complete the similarity statement. ​NO LINKS!!!

Answers

9514 1404 393

Answer:

  4) ΔEFG ~ ΔECD

  6) Not Similar

Step-by-step explanation:

4) Shortest to longest sides are ...

  EF : FG : GE = 14 : 16 : 20 = 7 : 8 : 10 (reduced)

  EC : CD : DE = 7 : 8 : 10

The triangles have the same side length ratios, so are similar.

  ΔEFT ~ ΔECD

__

6) Shortest to longest, the given sides have ratios ...

  UT : TV = 71 : 84 (reduced)

  GT : TH = 60 : 72 = 5 : 6 (reduced)

The side ratios are different, so the triangles are NOT SIMILAR.

Answer:

part 1. Use side ratios to determine if the triangles in each pair of similar. If so complete the similarity statement. NO LINKS!!!

How many tryouts weighed MORE THAN 450 grams?

Answers

Answer:

11

Step-by-step explanation:

Basically count each doubt that is on the number line with a value greater than 450

Answer:

11 trouts

Step-by-step explanation:

Count the dots that are after the 450-gram mark.

Trouts that weigh 452 = 5

Trouts that weigh 454 = 2

Trouts that weigh 456 = 2

Trouts that weigh 458 = 1

Trouts that weigh 460 = 1

Then, add everything up.

5 + 2 + 2 + 1 + 1 = 11

So, 11 trouts weigh more than 450 grams.

Have a wonderful day!

Bella invested $8,400 in an account paying an interest rate of 1.9% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $9890?

Answers

Answer:

8.6 years

Step-by-step explanation:

Again, suppose you were to draw all possible samples of size 36 from a large population with a mean of 650 and a standard deviation of 24. You then compute the sample mean x-bar for each sample. From the long list of sample means, you create the sampling distribution of the sample mean, assigning probabilities to all possible values of x-bar. What value should you show at the center of the distribution

Answers

Answer:

Following are the solution to the given question:

Step-by-step explanation:

Please find the complete question in the attached file.

[tex]\bar{x}=650\\\\\sigma =24\\\\n=36\\\\[/tex]

Calculating the sampling distribution of the sample mean:

[tex]\to \mu=\mu_\bar{x}=650[/tex]

Calculating the sampling distribution of the standard deviation:

[tex]\to \sigma_\bar{x}=\frac{\sigma}{\sqrt{n}}=\frac{24}{\sqrt{36}}=\frac{24}{6}=4[/tex]

Which figures will have a volume that is greater than 100 cubic units? Select two options. a rectangular prism with dimensions of 4 by 5 by 4 a rectangular prism with dimensions of 2 by 12 by 6 a rectangular prism with dimensions of 1.5 by 8 by 8 a triangular prism that is 6 long and has a triangular face with a base of 4 and a height of 12 a cube with side length 4.

Answers

Answer:

Options-2

Option-4

Step-by-step explanation:

two options have Volume greater than 100 units³

Options-2:

remember the formula of Volume of rectangular prism

l×w×h

given that,

width:2length:12height:6

thus substitute:

2×12×6

simplify multiplication:

144 units³

since 144>100 it's one of our answer

Option-4:

remember the formula of triangular prism

½×b×h×l

given:

b:4h:12l:6

Thus substitute:

½×4×12×6

simplify multiplication:

144

since 144>100 it's our answer

the other options don't satisfy the condition

The rectangular prism with dimensions of 2 by 12 by 6 and the cube with a side length of 4 have volumes greater than 100 cubic units.

What is a prism?

A prism is a three-dimensional object.

There are triangular prism and rectangular prism.

We have,

The two figures that will have a volume greater than 100 cubic units are:

A rectangular prism with dimensions of 2 by 12 by 6

Volume = length x width x height

= 2 x 12 x 6

= 144 cubic units

A cube with a side length 4

Volume = side x side x side

= 4 x 4 x 4

= 64 cubic units

Therefore,

The rectangular prism with dimensions of 2 by 12 by 6 and the cube with a side length of 4 have volumes greater than 100 cubic units.

Learn more about Prism here:

https://brainly.com/question/12649592

#SPJ3

Plz help this is due today NO LINKS OR GROSS PICTURES OR I Will REPORT And please show work

Answers

Answer:

the volume is 120

Step-by-step explanation:

the formula for volume with length times width times height. Just multiply 3 x 5 x 8

Please help me I really need to finish this

Answers

Answer:

9

Step-by-step explanation:

18. the area for each side is 1in^2 and there are 6 sides. so the area of 1 cube is 6 in^2. 6*3=18

please help !! i’ll give 5 stars if help.

Answers

Answer:

true

Step-by-step explanation:

there are two x-intercepts

PLEAS HELP!!! The function f(x) = 500(0.75)^x represents the amount of a 500-mg dose of
medication remaining in a patient's system x number of hours from the time the patient
took the medication. Which percent is the rate of decrease of the medication?
A. 75%
B. 25%
C. 7.5%
D. 2.5%

Answers

the answer is b

cccxcxcxcxcxzczczxc

The percentage of the rate of decrease in the medication will be 75%. Option A is correct.

What is an exponential function?

The exponential function is characterized as a function that increases quickly and whose value is always positive. With the exponent y = aˣ, where a is the constant and a>1.

It is given that the function is,f(x) = 500(0.75)ˣ. The number x represents the number of hours since the patient took their medication.

f(x) = 500(0.75)ˣ

Compare the function with the standard function as

y=baˣ

Where b is the constant value, a is the percent of the rate of decrement and x is the time period,

The value of a for the given function will be 0.75. The value is in percentage form and can be written as,

=0.75 ₓ 100

=75%

Thus, the medication's rate of decline will be 75%. Option A is correct.

Learn more about the exponential function here:

brainly.com/question/11487261

#SPJ2

The original price of a pair of shoes is $60. The sale price is 25% off the original price. What is the amount off of
the original price?

Answers

The price after the 25% would be $15
Or it will be $45 off

Please Help Me!
*Question Is Below Here*

Answers

The product of this equation is 21 when the values of X and Y are imputed into the equation.

Answer:

21

Step-by-step explanation:

2^3=8

7x6=42

42x8=336

336/ (10.6+5.4)

336/ 16= 21

Answer 21

Express tan(-310°) as a function of a positive acute angle in
terms of tan x

Answers

guessing

360 - 310 = 50

-tan(50)

Dominic's car used 8 gallons to travel 192 miles. At what rate does the car use gas, in
miles per gallon?

Answers

Answer:

24 miles per gallon

Step-by-step explanation:

to find the unit rate you divide 192 by 8 and that is 24

so it takes Dominic 1 gallon to drive 24 miles

hope this helps!

PLEASE HELPPP 7TH GRADE MATHHHH!! WILL GIVE BRAINLIEST!! NEED RN PLEASE

Driving down the highway in separate vehicles, two friends realized that there were mile markers along each side of the road. They counted ten green markers for every mile they traveled. They also counted 8 yellow markers for each green marker. They text to each other their observations and wondered who was driving faster. Dev said he saw 110 green markers in 20 minutes. Mike said she saw 88 yellow markers in 2 minutes. Based on their observations, who is traveling faster?

Answers

Answer:

mike because he saw more markers in a less time than dev did

Find two numbers a and b whose sum a+b is -3 and whose difference a−b is -5

Answers

Answer:

A=-4, b=1

Step-by-step explanation:

add those two function together u will got:

a+b+(a-b)=-3+(-5)

2a=-8

A=-4

-4+b=-3

B=1

Find the AREA.
help I need help fast I have 15 minutes

Answers

Answer:

78

Step-by-step explanation:

a= (a+b/2)(H)

9+17=26/2=13x6= 78

do bedmas

hope this helps

Shreman drew a shape with these properties: •Four sides •Four right angles •Two sides have different lengths​

Answers

Answer: the shape is a rectangle

Step-by-step explanation:

Answer:

Rectangle :)

Step-by-step explanation:

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