SOLUTION: how much money would u get at the end of the 3 days?
i invested $1,000 in Amazon and apple each.
The first day for apple
512.49
second day - apple
520.56
third day - apple
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: how much money would u get at the end of the 3 days?
i invested $1,000 in Amazon and apple each.
The first day for apple
512.49
second day - apple
520.56
third day - apple
Log On
Question 808842: how much money would u get at the end of the 3 days?
i invested $1,000 in Amazon and apple each.
The first day for apple
512.49
second day - apple
520.56
third day - apple
520.56
first day for amazon
343.56
second day - amazon
350.31
third day - amazon
350.31
You can put this solution on YOUR website! Updated 11-12-2013
Ok so first day should give u how much each stock is worth so that $1000 is proportionate to 512.49 and by day 3 at 520.56 it would give you back more money.
So the problem would look like:
Cross multiply then divide by 512.49 to find x.
x=1015.7466
So basically you gained $15.75 by the third day
.
Same proportions with amazon
Cross multiply then divide by 343.56 to find y.
y=1019.6472
So basically you gained $19.65 by the third day.