# Rick Mendez bought stock for $5,000, using $2,500 of his own money and $2,500 borrowed from the broker. One month later,

3 answers

###### Question:

Rick Mendez bought stock for $5,000, using $2,500 of his own money and $2,500 borrowed from the broker. One month later, the stock is sold for $5,650. Interest owed to the broker is $30; brokerage commissions to buy and sell the stock totaled $300. Rates of return: %

## Answers

12.8%

Step-by-step explanation:

Rate of Return = Profit / Amount spent.

Profit = Selling price - Cost price - Interest - Brokerage commission

= 5,650 - 5,000 - 30 - 300

= $320

Amount spent was $2,500 because this is the amount he spent of his own money.

Return = 320 /2,500

= 0.128

= 12.8%

50*10 is greater

step-by-step explanation:

if you add the zero from 10 to 50, it will give you a bigger number.

loloo

step-by-step explanation:

lololool

#### Similar Solved Works

3 answers

### Compare and contrast the topographic and climatic features of two or more locations you identified

Compare and contrast the topographic and climatic features of two or more locations you identified...

4 answers

### Certain neurons seem to be wired to detect certain angles, lines, edges, and movements. for example,

Certain neurons seem to be wired to detect certain angles, lines, edges, and movements. for example, we can quickly detect the features of a human face and interpret the expression on that face. the nerve cells that respond to these specific features are called:...

4 answers

### Find an nth-degree polynomial function with real coefficients satisfying the given conditions. If you are using a graphing

Find an nth-degree polynomial function with real coefficients satisfying the given conditions. If you are using a graphing utility, use it to graph the function and verify the real zeros and the given function value. n=3 -3 and 6+2i are zeros f(2)=100 f(x)= What...

1 answer

### Weights, in pounds, of ten-year-old girls are collected from a neighborhood. A sample of 26 is given below. Assuming normality,

Weights, in pounds, of ten-year-old girls are collected from a neighborhood. A sample of 26 is given below. Assuming normality, use Excel to find the 98% confidence interval for the population mean weight μ. Round your answers to three decimal places and use increasing order....

4 answers

### When the Founding Fathers met and debated the new government in Philadelphia, there was disagreement about how Congress

When the Founding Fathers met and debated the new government in Philadelphia, there was disagreement about how Congress should be organized. The result was the “Great Compromise” that established a two-house or legislature....

10 answers

### Newbury Properties Group owns, manages, and develops real property. Jerry Stoker and the Stoker Group,

Newbury Properties Group owns, manages, and develops real property. Jerry Stoker and the Stoker Group, Inc. (the Stokers), also develop real property. Newbury entered into agreements with the Stokers concerning a large tract of property in Georgia. The parties formed Bellemare, LLC, to develop vario...

1 answer

### Playing the piano requires activation of muscles of the upper limbs, neck and back. to play the keys,

Playing the piano requires activation of muscles of the upper limbs, neck and back. to play the keys, the fingers must generate rapid, small movements that vary in force generation to play the keys sometimes very hard (larger amounts of force) and sometimes very soft (very little amounts of force), ...

4 answers

### Which climate does lonegan permits rely on that had thrived in the lines of the centuries

Which climate does lonegan permits rely on that had thrived in the lines of the centuries...

3 answers

### Example 1: The school cafeteria offers a choiceof two main courses (grilled cheese sandwiches orsoup of the day) and five

Example 1: The school cafeteria offers a choice of two main courses (grilled cheese sandwiches or soup of the day) and five desserts (jello, pudding. fruit cups, sundaes, or granola bars). How many different lunches could you have? [tex]Example 1: The school cafeteria offers a choice of t...

6 answers

### Write an equation in point-slope form of the line through point J(4,1) with slope -4. Help

Write an equation in point-slope form of the line through point J(4,1) with slope -4. Help...

7 answers

### She don’t know when I land but she know when I leave

She don’t know when I land but she know when I leave [tex]She don’t know when I land but she know when I leave[/tex]...

3 answers

### What does Macbeth say that demonstrates or shows his true nature?*direct quote please*

What does Macbeth say that demonstrates or shows his true nature?*direct quote please*...

4 answers

### Andres tiene 27 años mas que su hijo la edad de andres es 41 años ¿que edad tiene su hijo ?

Andres tiene 27 años mas que su hijo la edad de andres es 41 años ¿que edad tiene su hijo ?...

4 answers

### Write an expression for the sequence of operations described below.10 plus the quotient of 8 and uDo not simplify any part of the expression.

Write an expression for the sequence of operations described below. 10 plus the quotient of 8 and u Do not simplify any part of the expression....

8 answers

### Which of the following statements is true of high-performance work systems? a. creating a high-performance work system is

Which of the following statements is true of high-performance work systems? a. creating a high-performance work system is akin to using traditional management practices. b. to function as a high-performance work system, people, technology, and organizational structure must be completely independent...

3 answers

### Ocean acidification threatens those marine organisms whose shells and skeletons are composed of

Ocean acidification threatens those marine organisms whose shells and skeletons are composed of...

4 answers

### Put the life cycle stages of a civilization in order from first to last.stage 7stage 41 are born from smaller groups who form much

Put the life cycle stages of a civilization in order from first to last. stage 7 stage 4 1 are born from smaller groups who form much larger ones go through a child stage in which they want to explore and 2. learn about others enter into those teenage years where they begin 3. establishing who they...

3 answers

### How do human bones grow?How do they differ from the growth exhibited by other organs?(This is for my module btw, if you don't know the answer its ok,have

How do human bones grow?How do they differ from the growth exhibited by other organs? (This is for my module btw, if you don't know the answer its ok,have a lovely day ^^ )...

4 answers

### The Whitewater Scandal involved accusations that: A. Hilary Clinton bribed Congress to support her healthcare

The Whitewater Scandal involved accusations that: A. Hilary Clinton bribed Congress to support her healthcare legislation. B. Bill Clinton pressured David Hale into making an illegal loan. C. both Clintons sold state secrets to foreign governments. D. Bill Clinton cheated to win the 1992 presidentia...