SOLUTION: Bisi invested $245,000 in 7% stock at $98 and sold the stock when it's price rose to $100. She invested the sale proceeds in 9% stock at $125. Find the change in income of Bisi?
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Question 1198152: Bisi invested $245,000 in 7% stock at $98 and sold the stock when it's price rose to $100. She invested the sale proceeds in 9% stock at $125. Find the change in income of Bisi?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
= $5000
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