Andy Hastings borrowed 500 shares of stock from a broker. This stock is currently selling for $25 a share ($12,500). The commission was $125. Three weeks later, the price of the stock was $22.50 a share, so he bought the 500 shares. The commission was $115. He returned a stock certificate for 500 shares to the broker. What is the rates of return?

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?