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triley422:
Tim Jones needs help in making an investment decision. He has created the following table. Round all answers to the nearest tenth. 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 % 1. If Tim does not buy DEF, how much can he spend on ABC? $ 2. How many shares of ABC can he buy if he does not buy DEF? 3. If the selling price is $1,750, how much will Tim have earned by investing? $ 4. What is the cash to Tim divided by the total cost in this example? %
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