nichole bought 500 shares of a company's stock for $8.24/share. she pays a broker a commission for $20 to buy and sell stock. after one year she sold all of her shares which were worth $10.10/share at that time..

what was her rate of return?

a. 22.6%
b. 21.5%
c. 16.8%
d. 16.1%

The rate of return is 22.6% .

Option (A) is correct .

Step-by-step explanation:

As given

Nichole bought 500 shares of a company's stock for $8.24/share. \

she pays a broker a commission for $20 to buy and sell stock.

After one year she sold all of her shares which were worth $10.10/share at that time.

Cost price of the 500 shares = 500 × Price per share + Commission price

                                                 = 500 × 8.24 + 20

                                                 = 4120 + 20

                                                 = $4140

Selling price of the 500 shares = 500 × Selling price per share + Commission price

                                                     = 500 × 10.10 + 20

                                                     = 5050 + 20

                                                     = $ 5070

Formula

Rate of return  = 22.6%

Therefore the rate of return is 22.6% .

Option (A) is correct .

ik how do do this just give me a few minutes and i will give it to

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?