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17-11-2015
Mathematics

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Amy purchased 100 shares of Monsanto Company for $66.10 per share. Today the stock is selling for $80.45. Assuming a charge of $7.00 to buy and sell, how much did Amy earn if she sold her shares today?

Respuesta :

17-11-2015

$80.45 - 66.10 = $14.35 profit per share x 100 (for 100 shares) = $1435.00

$1435.00 - $7 sales charge = $1428 in earnings before taxes.

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