Paul would like to spend $700 on a vacation. he will sell some of his stock to pay for the vacation.

6 answers
Question:

Paul would like to spend $700 on a vacation. he will sell some of his stock to pay for the vacation. if the stock is worth $32 per share, how many shares will paul need to sell? 21 shares 700 shares 22 shares 32 shares

Answers

700/32=21.875
22 shares

The correct answer is 22 shares

700 divide by 32 = 21.875

700/32 = 21.875

He'd have to sell approximately 22 shares to have enough to pay for his vacation. 

Paul need to sell 22 shares for his vacation.

Step-by-step explanation:

Paul would like to spend $700 on a vacation.

The value of each stock = $32

Paul needs for his vacation = $700

Paul needs to sell his stock of shares = 700 ÷ 32 = 21.875

Paul needs to sell approximately 22 shares to spend his vacations.

At least 22 shares should be sold

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