You purchase $100 shares of stock for $23.95 a share. one year later each share is worth $24.50. find the profit if you sold at $24.05 a share

The profit if sold at $24.05 would be $10.

Step-by-step explanation:

To find this, start by finding the difference between the buying and the selling price.

24.05 - 23.95 = 0.10

Now multiply that by the number of shares that you have.

0.10 * 100 = $10

what

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation: