Kyle buys $20,000 of company XYZ's shares, at a share price of $200. A year later, XYZ's share price is $220, and Kyle sells all his shares. How many dollars did Kyle's investment gain?
Kyle buys $20,000 of company XYZ's shares, at a share price of $200. A year later, XYZ's share price is $220, and Kyle sells all his shares. How many dollars did Kyle's investment gain?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter6: Fractions
Section: Chapter Questions
Problem 38CLR
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Kyle buys $20,000 of company XYZ's shares, at a share price of $200. A year later, XYZ's share price is $220, and Kyle sells all his shares. How many dollars did Kyle's investment gain?
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