dlo2457
09.07.2019 •
Mathematics
Elliott purchased shares of microsoft in 2008 for $28 per share. he plans to sell them as soon as the price rises 20%. at what price will he sell his shares?
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Ответ:
Since we are to find the price when it is risen 20%, therefore the fractional increase must be 0.20 of the original, therefore:
amount increased = $28 * 0.20 = $5.60
So the selling price must be:
selling price = $28 + $5.60 = $33.60
Ответ: