HELP ? When she turned 24, Roberta purchased 155 shares of Stock A for $45 per share; 43 shares of Stock B for $28 per share; 32 shares of Stock C for $65 per share; and 135 shares of Stock D for $23 per share. At age 36, Roberta sold Stock A for $6250 with annual dividends of $90 per year, Stock B for $1408, Stock C for $2498, and Stock D for $3235. Which stock provided Reese with the greatest return on her investment? Stock A Stock B Stock C Stock D
Stock A Purchased 155 shares at $45 per share 155 X 45 = $6975 Sold stock A for $6250 - Well let's rule this one out, she lost money on this one.
Stock B Purchased 43 shares at $28 per share 43 X 28 = $1204 Spent Sold for $1408 If P=principal R=rate T=total Then PR=T 1204 times X = 1408 16.9%
Stock C Purchased 32 shares at $65 Total investment, $2080 Sold for $2,498 20% return on investment, $418
Stock D Purchased 135 shares at $23 Total $3105 Sold for $3235 4.2% and $130
Stock C won in both categories, highest return of investment percentage wise and dollar-wise
thankyou :D
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