softballlover487
26.10.2019 •
Mathematics
Quick answer pls and step by step pls
mitch bought a stock for $40. the next day, he sold the stock for $42. what was the percent increase of the stock price?
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Ответ:
Ответ:
$3150
Step-by-step explanation:
I = P • R • T
Intrest Equals Principal Amout times Rate of Intrest times Amount of Time
P is our Principal amount of $3,000
R is our Rate of 7%
T is the time span of years
Now if we plug in the values and solve the equation we get $3150 dollars in intrest.