Question

an investore owns 50 shares of a stock worth $15.30 per share. which of the following is the amount of money the investore would receive if he cashed in half of the shares of this book

Answer 1

where are these following ?

Answer 2

$38.250.00.
$382.50
$76,500.00
$765.00

Answer 3

how many is the half part of 50 ?

Answer 4

Ok well as we can see it states "an investor owns 50 shares of a stock worth $15.30 per share. "

You would wanna multiply the (50) shares by the (15.30) per share.

\[50\times15.30=765\]

(765) can also be written as (765.00)

Now as stated "if he cashed in (half) of the shares of this book"

You would divide the total amount of money that guy gonna get from his (50) shares which is (765.00) by (2)

\[765.00\div2=382.5\]

(382.5) can also be written as (382.50)


So option B.)$382.50 would be correct.