SOLUTION: five years after paying $15,487 for shares in new company,you sell the shares for $7342.

SOLUTION: five years after paying $15,487 for shares in new company,you sell the shares for $7342.

Algebra.Com

Question 942593: five years after paying $15,487 for shares in new company,you sell the shares for $7342.

Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
OK but what's the question?

RELATED QUESTIONS
Five years after paying $2200 for shares in a startup company, you sell the shares... (answered by Alan3354)

Four years after paying $3400 for shares in a startup company, you sell the shares for... (answered by Theo)

Compute the total and annual returns on the described investment. Five years after... (answered by checkley77)

Compute the total and annual returns on the described investment. Five years after... (answered by drk)

Four years after buying 100 shares of xyz stock for $40 per share, you sell for $6100.... (answered by jorel1380)

The Total Return on an investment is the relative change in the investment value:... (answered by Boreal)

20 years after purchasing shares in a mutual fund for $5,700, the shares are sold for... (answered by Boreal,MathTherapy)

Before a 5- for- 3 stock split, the shares outstanding were 45,000 shares at $15 par.... (answered by richwmiller)

Red Rocks Corporation (RRC) currently has 350,000 shares of stock outstanding that sell... (answered by ikleyn)