Kendra sold 200 shares through her broker in June 8. The price per share was $22.10. The broker charged her a 0.5% commission on the total value. What was Kendra’s return on the trade? Answers Answer 1 Answer: Answer: A.$4397.9

Step-by-step explanation:

We are given that Kendra sold 200 shares and that the price per share was $22.1 This means that: Total value = 200 * 22.1 =$4420

Now, we know that the broker charged 0.5% commission on the total value

This means that:

Broker's charge = 0.5% * 4420 = 0.005 * 4420 = $22.1 Therefore, Kendra's return = Total value - broker's charge Kendra's return = 4420 - 22.1 =$4397.9

Hope this helps :)

Related Questions

Consider the function f(x)=x3+15x2+74x+120. If f(x)=0 for x=−6, for what other values of x is the function equal to 0? List the values separated by commas.

other x values are -5,-4

Step-by-step explanation:

f(x)=0 for x=−6

Apply synthetic division to get the quotient . using that we find other two values of x

-6                1           15             74          120

0          -6           - 54          -120

-------------------------------------------------

1           9             20         0

the quotient is

now factor the left hand side, product is 20 and sum is 9

So  other x values are -5,-4

You are at a restaurant and the check comes to a total of $23. If you want to leave a 20% tip, how much total money should you pay, to the nearest cent? Answers Answer:$27.60

Step-by-step explanation:

To calculate a 20% tip on a $23 check, multiply$23 by 0.20 to get the tip amount of $4.60. The total amount you should pay, including the tip, is$27.60.

Explanation:

To calculate a 20% tip on a $23 check, you need to multiply the total bill amount by the percentage of the tip, expressed as a decimal. 20% as a decimal is 0.20. So you simply multiply$23 by 0.20 to get the tip amount.

Here is the math:

1. Start with the total bill amount: $23. 2. Convert the tip percentage into a decimal: 20% = 0.20. 3. Multiply the total bill amount by the tip percentage in decimal form:$23 x 0.20 = $4.60. 4. Add the tip amount to the total bill amount:$23 + $4.60 =$27.60.

So, if you want to leave a 20% tip on a $23 check, you should pay a total of$27.60.

brainly.com/question/34773518

#SPJ3

At a farm, there are two huge pits for storing hay. 90 tons of hay is stored in the first pit, 75 tons in the second pit. Then, three times as much hay was removed from the first pit as was removed from the second pit. After that, there was half as much hay in the first pit as there was now in the second pit. How many tons of hay was taken from the first pit?

63 tons

Step-by-step explanation:

The problem statement asks for the tons of hay removed from the first pit. It is convenient to let a variable (x) represent that amount. This is said to be 3 times the amount removed from the second pit, so that amount must be x/3.

The amount remaining in the first pit is 90-x.

The amount remaining in the second pit is 75 -x/3.

Since the first pit remaining amount is half the second pit remaining amount, we can write the equation ...

... 90 -x = (1/2)(75 -x/3)

... 180 -2x = 75 -x/3 . . . . multiply by 2

... 105 - 2x = -x/3 . . . . . . subtract 75

... 315 -6x = -x . . . . . . . . multiply by 3

... 315 = 5x . . . . . . . . . . . add 6x

... 63 = x . . . . . . . . . . . . . divide by 5

63 tons of hay were taken from the first pit.

_____

Check

After removing 63 tons from the first pit, there are 27 tons remaining. After removing 63/3 = 21 tons from the second pit, there are 54 tons remaining. 27 is half of 54, so the answer checks OK.

An educational psychologist wants to test whether a new teaching method negatively affects reading comprehension scores. She randomly selects 30 6th grade students that were taught under the new teaching method and finds that their scores on a standardized reading comprehension test have a mean equal to 118.8 with a variance equal to 37.2. Scores on the standardized test in the general population of 6th graders are distributed approximately normally with a mean equal to 119.8. Is there sufficient evidence to conclude that the new teaching method negatively affects reading comprehension scores

We conclude that the new teaching method does not negatively affects reading comprehension scores.

Step-by-step explanation:

We are given that an educational psychologist wants to test whether a new teaching method negatively affects reading comprehension scores.

She randomly selects 30 6th grade students that were taught under the new teaching method and finds that their scores on a standardized reading comprehension test have a mean equal to 118.8 with a variance equal to 37.2.

Scores on the standardized test in the general population of 6th graders are distributed approximately normally with a mean equal to 119.8.

Let = mean scores on a standardized reading comprehension test.

So, Null Hypothesis, : 119.8      {means that the new teaching method does not negatively affects reading comprehension scores}

Alternate Hypothesis, : < 119.8    {means that the new teaching method negatively affects reading comprehension scores}

The test statistics that would be used here One-sample t test statistics as we don't know about the population standard deviation;

T.S. =    ~

where, = sample mean test score = 118.8

s = sample standard deviation = = 6.1

n = sample of 6th grade students = 30

So, test statistics  =    ~

=  -0.898

The value of t test statistics is -0.898.

Since, in the question we are not given with the level of significance so we assume it to be 5%. Now, at 5% significance level the t table gives critical value of -1.699 for left-tailed test.

Since our test statistic is more than the critical value of t as -0.898 > -1.699, so we have insufficient evidence to reject our null hypothesis as it will not fall in the rejection region due to which we fail to reject our null hypothesis.

Therefore, we conclude that the new teaching method does not negatively affects reading comprehension scores.

Twenty percent of the town's population is over the age of 65. If there are 320 residents over the age of 65, what is the town's total population?

There are 1600 residents.

Step-by-step explanation:

0.2 times x = 320  divide by 0.2

x = 1600

65

Step-by-step explanation:

I think. hope this hepls

I need help please and fast