Answer:
$1200
Step-by-step explanation:
buy shares. $ 5000 / $ 2 = 2500 shares.
then you sell them
2500 shares x $ 1.72 = $ 4,300
the loss in this investment was $ 5,000- $ 4,300 = $ 700
You must also pay interest on the loan.
$ 5,000 x% 10 = $500
Total loss $ 700 + $ 500 = $ 1,200
which equals 24% = $ 1,200 / $ 5,000