200 shares of a stock were bought for $58 per share the broker's commission was $40 plus $0.25 / share. The stock was later sold for $66/
share the broker's commission was $50 plus $0.32/ share. Calculate the
profit from the sale
$1596
$1000
$1396
$1624

1396

Step-by-step explanation:

Profit= revenue-cost

Let's start off by calculating the revenue (the amount they get when they sold the stock) 200*66=13200

Now we need to calculate the cost

40+50+200(.32+.25+58)=11804

13200-11804=1396

C is correct

Step-by-step explanation:

200*58= 11600

Commission = 40+ (200*0.25)

Commission = 90

Total = 11690

Sell

200*66= 13200

Commission 50+ (0.32*200)

Commission = 114

Sell for 13200-114 = 13086

Profit = 13086 - 11690

Profit = 1396

It is helpful

d. 24+-0.114

step-by-step explanation:

the question requires us to calculate the approximate 95% confidence interval for the mean number of ounces of ketchup per bottle in the sample given the following statistics;

sample mean = 24

standard deviation, σ = 0.4

sample size , n = 49

the confidence interval for a population mean is calculated using the formula;

sample mean ± z-score*(σ/sqrt(n))

the z-score associated with a 95% confidence interval, from the standard normal tables, is;

1.96

substituting these values into the formula;

24 ± 1.96*(0.4/7)

= 24 ± 0.112

from the alternatives given, choice d is closest to the above expression;