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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asked Mar 24, 2023 110k views

15 votes

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?

Mathematics
college

Palza asked

by Palza

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8307 divided by 12.75 is about 651.53
651.53 x 11.95 is about $7785.78

Daleyjem answered Mar 28, 2023

by Daleyjem

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