romiherandez842 romiherandez842

21-09-2021
Mathematics

contestada

Matt purchased shares of Microsoft in 2016 for $52.50 per share. He plans to sell them as soon as the price rises 20%. At what price will he sell his shares?

Respuesta :

Аноним Аноним

08-10-2021

We need 20% of price

[tex]\\ \sf\longmapsto 0.20(52.50)[/tex]

[tex]\\ \sf\longmapsto 52.50/5=10.5[/tex]

Now SP

[tex]\\ \sf\longmapsto 52.5+10.5=63\$[/tex]

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