3 Answered Questions for the topic Financial Math
09/24/21
A question based on percents and its a word problem
The economy has been good this year. Marsha’s employer gave all employees a 5% salary increase. Because Marsha received high marks on her performance review last year, she will receive an extra 12%...
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I'm trying to figure out the possible combinations of a group of objects each priced differently.
There are 16 objects priced as follows:$9,600$9,400$9,200$8,800$8,600$8,400$7,800$7,200$7,000$6,600$6,200$5,800$5,400$5,000$4,800and finally $4,600I have a budget of $50,000. How many combinations...
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Financial Math
01/20/15
Lea owns 800 shares of ABC incorporation. On April 6th the corporation instituted a 5-for-2 stock split. Before the split, each share was worth $42.60.
A. How many shares did Lea hold after the split?
B. What was the post split price per share?
C. Show that the split was a monetary non-event dor Lea.
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