document.write( "Question 1148418: Ken bought 100 shares of a stock for Php50,840.A year later,he sold the stock for Php490.20 a share and paid the broker 1 1/2% commission. Considering that he could have placed the Php50,840 in a time deposit that pays 3% interest in a year,was choosing to invest in stocks the better decision? \n" ); document.write( "
Algebra.Com's Answer #769825 by ikleyn(52788)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "Ken bought 100 shares of a stock for Php50,840.A year later,he sold the stock for Php490.20 a share and paid \n" ); document.write( "the broker 1 1/2% commission. Considering that he could have placed the Php50,840 in a time deposit that pays 3% interest \n" ); document.write( "in a year,was choosing to invest in stocks the better decision? \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It is rarely one can see so stupid problem.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |