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Mathematics
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Tim Jones needs help in making an investment decision. He has created the following table. Purchase Price 100 shares Commission Total Cost Sales Price Commission Cash to Tim = Sales Price - Commission Cash to Tim รท Total Cost (nearest tenth) ABC = $525 0 $525 $787.50 0 $787.50 150 % DEF = $600 $275 $875 $900 $100 $800.00 a0 % 1. If Tim does not buy DEF, how much can he spend on ABC? $ a1 2. How many shares of ABC can he buy if he does not buy DEF? a2 3. If the selling price is $1,750, how much will Tim have earned by investing? $ a3 4. What is the cash to Tim divided by the total cost in this example?
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