Kyle buys $30,000 of company XYZ's shares, at a share price of $50. A year later, XYZ's share price is $55, and Kyle sells all his shares. How many dollars did Kyle's investment gain

$3,000

Step-by-step explanation:

Given that the shares are $50 per share and that Kyle buys $30,000 worth of shares,

Number of shares bought = total price of shares ÷ price per share

= $30,000 ÷ $50

= 600 shares

We are also give that a year later, the shares are worth $55

Total value of shares 1 year later = Price per share one year later x number of shares

= $55 x 600

= $33,000

Hence the investment gained $33,000 - $30,000 = $3,000

The area of the room is 120 sf. the easiest guess is that the room is 10'x12' because 10x12 equals 120. to test whether this guess fits the criterion of 5/6, reduce 10/12 by dividing by 2/2, which equals 5/6, so the room is 10'x12'