Rema purchased 18 ounces of gold in 2005 for $414 per ounce in order to try to diversify her investment portfolio. She sold a third of her holdings in gold in 2009 at a price $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce. What is Prema’s profit in 2009 and 2010?

Given :

Rema purchased 18 ounces of gold in 2005 for $414 per ounce in order to try to diversify her investment portfolio.

She sold a third of her holdings in gold in 2009 at a price $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce.

To Find :

What is Prema’s profit in 2009 and 2010.

Solution :

Price of one third ounces of gold, in 2005 is :

P = $414/3 = $138 .

Profit from selling them in 2009 is :

P1 = $(953 - 138) = $815 .

Profit from selling them in 2010 is :

P2 = $( 1367 - ( 414 - 138 ) ) = $1091 .

Therefore, Prema's profit in 2009 is $815 and 2010 is $1091.

Hence, this is the required solution.

use substitution to solve each system of equations. y = x + 5 3x + y = 25 62/87,21 y = x + 5 3x + y = 25 substitute x + 5 for y in the second equation. substitute the solution for x into either equation to find y. the solution is (5, 10)

read more on -

step-by-step explanation:

image result for what is another name for consecutive interior angles? ​

when two lines are crossed by another line (called the transversal): the pairs of angles on one side of the transversal but inside the two lines are called consecutive interior angles. in this example, these are consecutive interior angles: d and f.

step-by-step explanation: