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You invested $8,307 into stocks of a company that were priced at $12.75/sh. You decide to sell the stock. What is the sale amount if the stock is selling at $11.95/sh?

You invested $8,307 into stocks of a company that were priced at $12.75/sh. You decide to sell the stock. What is the sale amount if the stock is selling at $11.95/sh?
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You invested $8,307 into stocks of a company that were priced at $12.75/sh. You decide to sell the stock. What is the sale amount if the stock is selling at $11.95/sh?

User Palza
by
8.2k points

1 Answer

4 votes
8307 divided by 12.75 is about 651.53
651.53 x 11.95 is about $7785.78
User Daleyjem
by
8.0k points
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