Mrs. trujillo bought 400 shares of a company's stock for $42.98/share. she pays a broker a commission of $16 to buy and sell stock. after one year, she sold all her shares, when they were worth $56.13/share. what was her net gain?

$5228

Step-by-step explanation:

$42.98 x 400 = $17,192

$56.13 x 400 = $22,452

$22,452 - $17,192 = $5,260

$5,260 - $32 = $5,228

Essentially, in the problem you multiply both $42.98 and $56.13 by 400 and then subtract them from one-another. You then take $16 and multiply it by two, one for the base cost and then another $16 for a having one year pass. Then you subtract that from the byproduct of $22,452 - $17,192. As such, your answer should be $5,228.

7. d. 64

8. i. 32

9. c. 125

10. j. none of the above

11. d. 81

12. i. 216

13. e. none of the above

14. g. 240

15. e. none of the above

16. g. 32

17.   e. none of the above