SOLUTION: Ahmad sold 125 shares of stock for x dollars that he had purchased for $32.75 per share.
a. How much did he originally pay for the shares of the stock?
b. Write an inequality tha
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Question 353116: Ahmad sold 125 shares of stock for x dollars that he had purchased for $32.75 per share.
a. How much did he originally pay for the shares of the stock?
b. Write an inequality that represents an amount such that Ahmad made money form the sale of stocks.
c. Suppose Ahmad lost money on the stocks. Write an inequality that represents an amount such that Ahmad lost no more than $1,000 from the sale of the stocks
please help me! i need work shown too. :S
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Ahmad sold 125 shares of stock for x dollars that he had purchased for $32.75 per share.
a. How much did he originally pay for the shares of the stock?
125*32.75 = 4093.75
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b. Write an inequality that represents an amount such that Ahmad made money from the sale of stocks.
Gain >= 125x-4093.75
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c. Suppose Ahmad lost money on the stocks. Write an inequality that represents an amount such that Ahmad lost no more than $1,000 from the sale of the stocks
4093.75-125x <= 1000
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Cheers,
Stan H.
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