Cynthia’s broker charges her a commission of $88 for every $1000 of stock bought or sold. cynthia bought 2,000 shares of ombor medical supplies at $35.49 apiece. as the price rose and fell, she sold off part of her holdings. when the price rose to $48.57, she sold 600 shares. the price fell somewhat to $46.10, so she sold 1,150 of her shares. when the price climbed to $53.46, she sold off the remainder of her holdings. how much profit did cynthia make in total?

$9889.82

Step-by-step explanation:

Buying 2000 shares at $35.49 apiece costs Cynthia

2000(35.49) = 70,980.

Her broker also charges her $88 for every $1000 bought or sold; she has bought

70980/1000 = 70.98, which means she pays

70.98(88) = 6246.24.

This gives her a total of

-70980-6246.24 = -77226.24.

Selling 600 shares at $48.57 each earns her back

600(48.57) = 29142.  However, she still has to pay her broker;

29142/1000 = 29.142(88) = 2564.496 ≈ 2564.50.

This gives her a total of

-77226.24+29142-2564.50 = -50648.74

Selling 1150 shares at $46.10 each earns her back

1150(46.10) = 53015.  However, she must still pay her broker:

53015/1000 = 53.015(88) = 4665.32.

This gives her a total of

-50648.74+53015-4665.32 = -2299.06.

She now has 2000-(600+1150) = 2000-(1750) = 250 shares left.  Selling these at $53.46 each gives her

250(53.46) = 13365.  Paying her broker,

13365/1000 = 13.365(88) = 1176.12

She has a total of

-2299.06+13365-1176.12 = 9889.82.

black/brown

step-by-step explanation:

well, you see here, jamal was born to 2 parents, his mother who he lives with and his father who left at a young age and who happens to be younger than him. he stole cookies because he has to steal food due to the fact that he spends his government poverty checks on pot and women.