49ersFans
49ersFans 49ersFans
  • 13-04-2021
  • Business
contestada

Julie Martin bought stock for $3,000, using $2,000 of her own money and $1,000 borrowed from the broker. One month later, the stock is sold for $3,850. Interest owed to the broker is $15; brokerage commissions to buy and sell the stock totaled $150.
What is the rates of return?

Respuesta :

mariana2672 mariana2672
  • 22-04-2021

Answer:

His return is 22.83%

Hope it helps

Answer Link

Otras preguntas

PLEEEEEEEEEEEEEEEASE HELP ME WITH THIS. IT IS DUE TOMORROW!!!
I need help with question 4
A comparative balance sheet for Sarasota Corporation is presented as follows. December 31 Assets 2020
A refrigerator costs 525.50. What is the TOTAL COST of the refrigerator (including 6% tax)
How did Thomas R. R. Cobb and Frederick Douglass differ? Cobb was an abolitionist, while Douglass was not. Cobb argued for slavery, while Douglass argued agains
1. No sharps or flats in the key signature is the key of 2. Four letters below Ab will be the key of key of F 3. In the key of Ab the following notes are always
How are macromolecules related to energy?
The expression 3+1/9รท1+1/18 is equal to
Describe the similarities between enzymes and receptors.
What important service did Byzantine writers provide to the rest of the world?