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Mathematics, 19.07.2019 17:00 debiruuu

You buy $1,000 worth of stock with $500 of your own money and $500 borrowed from your broker at 6 percent annual interest. the stock increases in value, and you sell it after 60 days for $1,500. your broker’s commission to buy and sell is $200. what is your total profit?

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You buy $1,000 worth of stock with $500 of your own money and $500 borrowed from your broker at 6 pe...
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