rema purchased 18 ounces of gold in 2005 for $414 per ounce in order to try to diversify her investment portfolio. She sold a third of her holdings in gold in 2009 at a price $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce.



What is Prema’s profit in 2009 and 2010?

Answers

Answer 1

Given :

Rema purchased 18 ounces of gold in 2005 for $414 per ounce in order to try to diversify her investment portfolio.

She sold a third of her holdings in gold in 2009 at a price $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce.

To Find :

What is Prema’s profit in 2009 and 2010.

Solution :

Price of one third ounces of gold, in 2005 is :

P = $414/3 = $138 .

Profit from selling them in 2009 is :

P1 = $(953 - 138) = $815 .

Profit from selling them in 2010 is :

P2 = $( 1367 - ( 414 - 138 ) ) = $1091 .

Therefore, Prema's profit in 2009 is $815 and 2010 is $1091.

Hence, this is the required solution.


Related Questions

It costs $0.50 to download an individual song and $4 to download an album.

Jada has $15 to spend downloading music.

Complete the table showing three ways Jada can spend $15 downloading individual songs and albums.

Answers

Answer:

Below are the three ways.

Hope I helped :)

The completed table is given below and the equation for the given situation is 15=4a+0.50s.

Given that, it costs $0.50 to download an individual song and $4 to download an album.

What is an equation?

In mathematics, an equation is a formula that expresses the equality of two expressions, by connecting them with the equals sign =.

Jada has $15 to spend downloading music.

Let s be number of songs and a be number of albums

So an equation for the given situation is 15=4a+0.50s

From table, in row 1

Given number of songs is 6

15=4a+0.50(6)

⇒ 15=4a+3

⇒ 4a=12

⇒ a=3

From table, in row 2

Given number of albums is 1

15=4(1)+0.50s

⇒ 0.50s=11

⇒ s=11/0.50

⇒ s=22

From table, in row 3

Given number of albums is 30

15=4a+0.50(30)

⇒ 15-15=4a

⇒ a=0

Hence, the completed table is given below and the equation for the given situation is 15=4a+0.50s.

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BRAINLY ANNND POINTS FOR RIGHT ANSWER AND STEP BY STEP

3r+4=qr-5p for r

Answers

Answer:

r = qr - 5p - 4

Step-by-step explanation:

3r + 4 = qr - 5p

Subtract:

3r = qr - 5p - 4

Divide:

r = qr - 5p - 4

A. What is the slope of the trend line?

B. What is the meaning of the slope in context of the problem?

C. What is the y-intercept?

D. What is the equation?

E. Predict how many words per minute Jaime would type after 11 weeks. Explain how you made your prediction.

Answers

Answer:

Slope is 4/9 The y intercept is where the line crosses on the Y line of the graph i think its 15 or something along those lines. I dont have enough time to answer the rest but i really hope somebody else does!!

Step-by-step explanation:

Pleaser answer correctly !!!!!!!!!!!!!!!!!!! *use mathematical language* Will mark brainliest !!!!!!!!!!!!!!

Answers

###################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################################pls give brainlist

Answer:

Vertical angles are always congruent, or of equal measure. ... Both pairs of vertical angles (four angles altogether) always sum to a full angle (360°). Two angles are said to be linear if they are adjacent angles formed by two intersecting lines. The measure of a straight angle is 180 degrees, so a linear pair of angles must add up to 180 degrees. so therefore verticle angles DO NOT form a linear pair

Step-by-step explanation:

brainliest please ? :)

a rectangle has a length of x3y4 inches a width of xy7 inches. which expression represents the ratio of the length of the rectangle to the width of the rectangle?

Answers

Answer: R = x^2/y^3

Step-by-step explanation:

here we will use the relation:

x^a/x^b = x^(a - b)

We know that:

Length = x^3*y^4

Width = x*y^7

And we want to find an expression that represents the ratio between the length and the width.

Then we just need to take the quotient Lenght/width or:

R = ( x^3*y^4)/(x*y^7)

Now first let's distribute in such way the x's and the y's are separated, and then let's use the relationship that is above.

= (x^3/x)*(y^4/y^7) = x^(3 - 1)*y^(4 - 7) = x^2*y^-3

R = x^2/y^3

The ratio of the length of the rectangle to the width of the rectangle is  [tex]\frac{x^{2} }{y^{3} }[/tex]

Rectangle:

Given that,

Area of rectangle is multiplication of length and width of rectangle.

length of rectangle [tex]=x^{3} y^{4}[/tex] inches

Width of  rectangle  [tex]=xy^{7}[/tex] inches.

the ratio of the length of the rectangle to the width of the rectangle is,

                 [tex]=\frac{x^{3}y^{4} }{xy^{7} } =\frac{x^{2} }{y^{3} }[/tex]

Learn more about the rectangle here:

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Convert -62.8º C into Fº using the correct formula below. Conversion Formulas: Cº = (Fº - 32º) 1095-02-02-01-00_ 1.8 Fº = 1.8 x Cº + 32º K = Cº + 273

Answers

Answer:

- 81.04°F

Step-by-step explanation:

Given the question :

Convert - 62.8°C into F°

Using the conversion formula :

Fº = 1.8 x Cº + 32º

C = - 62.8°

Fº = (1.8 x - 62.8)+ 32º

F° = - 113.04° + 32°

= - 81.04°F

298ºK is the answer

Cº = 77º - 32º / 1.8 = 25º Kº = 25º + 273 Kº = 298º

The cost of 5 pounds of vegetables is $7.55. What is the constant of proportionality that relates the cost of dollars, y,
to the number of pounds of vegetables, x?_(Write a numeric value in decimal form. Do not include units)

Answers

Answer:

1.51

Step-by-step explanation:

[tex]y[/tex] = Cost in dollars of vegetables

[tex]x[/tex] = Number of pounds of vegetables

[tex]y\propto x[/tex]

[tex]\Rightarrow y=kx[/tex]

where k = Constant of proportionality

[tex]k=\dfrac{y}{x}[/tex]

In one case

[tex]y = 7.55\$[/tex]

and [tex]x = 5\ \text{pounds}[/tex]

[tex]k=\dfrac{7.55}{5}\\\Rightarrow k=1.51[/tex]

The constant of proportionality is 1.51.

Click on all of the equations that have a larger v intercept and a smaller rate of change than the function in the graph
y = $1=3 = 24+5

Answers

Answer:

y+6

Step-by-step explanation:

n-3/4 = 2 3/4
(Change mixed number into a improper fraction)

Answers

Here’s the answer :)

Answer:

2 3/4 = 11/4 :)

Step-by-step explanation:

Whole number times denominator then add the numerator!

Hope this helps, marks as brainliest please!

Identify the domain and range of the relation!

Can someone help me with 2-4

Answers

2. Domain and range are both all real numbers. 3 is C. 4 is y=3x+65
For 2
Domain =5,10,15,20
Range = -3,-1,1,3
For the answer is C option
Dont know 4

help
Use the Pythagorean theorem to write an equation for 16^2+12^2=c^2

Answers

Answer:

C=20

Step-by-step explanation:

Pythagorean theorem is a^2 + b^2=c^2. So, a=16, and b=12. 16 squared is 256. 12 squared is 144. 256+144=400. 400=c^2. So, the square root of 400=c. and that is 20.

Luke called a repairman to fix the furnace at his cabin. The repairman charged $35 per hour plus a fee of $25 for the service call, as represented by the expression in the box.

(THE EXPRESSION IN THE BOX IS "35x + 25")

In the expression, what is represented by the variable x?

A) the number of hours it took the repairman to fix the furnace.

B) the distance in miles from the repairman's shop to Luke's cabin.

C) the number of service calls made by the repairman to Luke's cabin.

D) the total amount in dollars that Luke paid to have the furnace repaired.

(I need the answer ASAP)

Answers

Answer:

The answer is A.

Step-by-step explanation:

To find the value you have to know how many hours the repairman took to repair. Then after you find how many hours he took multiply the hours by 35 than add 25.

So the equation would look like  35x hr+25 =

hr=hours

What is the binary number for 12​

Answers

Step-by-step explanation:

[tex]12=8+4=2^3+2^2=\bold1\cdot2^3+\bold1\cdot2^2+\bold0\cdot2^1+\bold0\cdot2^0\\\\12_{10}=1100_2[/tex]

Can you help me with my math ixl

Answers

Answer:

b = 72

Step-by-step explanation:

2b - 62 = b-10

Subtract b from both sides!

b -62 = 10

Add 62 to both sides

b = 72

Step-by-step explanation:

since TUVW is a rectangle, VU = WT

b - 10 = 2b - 62

b = 52

Topic: Properties of polygons

If you like to venture further, do check out my insta (learntionary) where I regularly post useful math tips! Thank you!

He cafeteria at Midtown Middle School surveyed 575 students about their favorite food. If 8% of the students surveyed liked chicken, how many students said that chicken is their favorite food?

Answers

Answer:

46.08 students said that chicken is their favorite food.

Step-by-step explanation:

Let X denote the number of students who liked chicken.

The proportion of students who liked chicken is, p = 0.08.

About n = 576 students were surveyed about their favorite food.

Every student's answer was independent of the others.

Thus, the random variable X follows a binomial distribution with parameters n = 576 and p = 0.08.

The probability mass function of X is:

[tex]P(X=x)={576\choose x}(0.08)^{x}(1-0.08)^{576-x};\ x=0,1,2,3...576[/tex]

Then expected number of students who said that chicken is their favorite food is:

[tex]E(X)=np\\\\=576\times0.08\\\\=46.08[/tex]

Thus, 46.08 students said that chicken is their favorite food.

if f(x) = 3x-2 and g(x) =2x+1 find (f+g)(x)
A. 5x-1
B. 5x-3
C. x-1
D. x-3​

Answers

I think it is c because x-1 is true

Majed wants to earn at least $30 trimming trees. He charges $7 per hour and pays $5 in equipment fees. What are the possible numbers of hours Majed could trim trees?
Use t for the number of hours.
Write your answer as an inequality solved for t.

Answers

Answer:

Step-by-step explanation:

So basically what you want to do is set up an inequality to where 30 is on one side and the variable and the payment is on the other side. The payment is taking away from the profit, so you subtract it. It should look something like this:

30≥7t-5

Now we shall solve for t. Get all like terms to one side:

35≥7t

And divide

5≥t

At least 5 hours to make 30 dollars

Which physical property do the two rocks share?
A. Shininess
B. Color
C. State
D. Texture

Answers

Answer:

Step-by-step explanation:

State promise

The two rocks share the option C. State.

What are Physical Properties?

Physical properties are properties of a substance which does not involve any chemical composition or changes in the substance.

Examples are color, density, hardness, and so on.

Given are two rocks.

Clearly, from the picture, we can say that shininess is different. The first rock is more shining.

Clearly colors are also not same.

Regarding the state of both rocks, both rocks are solid. So they share the property of state.

Texture is also different for both. Second one is harder texture.

Hence the physical property that both rocks share is state.

To learn more about Physical Properties, click on the link :

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2. If mZ1 = 71 degrees, find the measure of the other 7 angles.

Answers

The measure of angles 1,4,5,8 are congruent meaning they’re the exact same. If angle 1 measures 71 degrees then that means that 4,5,8 also measure 71 degrees. Angles 1&2 are supplementary angles which means their sum is 180. Since we know that angle 1 measures 71 then we can find the measure of angle 2 by 71+x=180 and solve for x (angle 2) which is 109
Angles 2,3,6,7 are congruent which means they also equal 109
*** angles 1,4,5,8 = 71
Angles 2,3,6,7 = 109***

The measure of the other 7 angles are;

m∠2 = m∠3 = 109°; m∠4 = m∠5 = m∠8  = 71°;  m∠6 = m∠7 = 109°

We are given;

m∠1 = 71°

Thus;

m∠1 and m∠2 are angles that form a straight line and as such they are supplementary angles and sum up to 180°

Thus; m∠1 + m∠2 = 180°

71 + m∠2 = 180°

m∠2 = 180 - 71

m∠2 = 109°

Now, m∠2 and m∠3 are alternate angles and as such;

m∠2 =  m∠3

Thus; m∠3 = 109°

Similarly,

m∠1 and m∠4 are alternate angles and as such;

m∠1 =  m∠4

Thus;

m∠4 = 71°

m∠1 and m∠5 are corresponding angles and as such;

m∠1 =  m∠5

Thus;

m∠5 = 71°

m∠2 and m∠6 are corresponding angles and as such;

m∠2 = m∠6

Thus;

m∠6 = 109°

Similar to how angles were gotten earlier, we can say that;

m∠5 = m∠8  = 71°

and m∠6 = m∠7 = 109°

Read more at; https://brainly.com/question/17147541

-6(2+a)=-48 what is the value for a

Answers

Answer:

6

Step-by-step explanation:

-6(2+a) = -48

-6 × 2 + -6 × a = -48

-12 - 6a = -48

-6a = -48 + 12

-6a = -36

a = -36/-6

a = 6

hope you understood!

what is the input value other than -7 for which h(x)=3

Answers

Answer:jrntker,fgv;rmjhnopgykjpftg.l/;[]ref

Step-by-step explanation:

wem,yk6iotfkmmkgjjjkdlmeruijtnmgjhudjmv n

Helllppppppp 25 pointsssss$

Answers

Answer:

192x^3y^9

Step-by-step explanation:

Answer:

c

Step-by-step explanation:

I am stuck here, please help :(

Answers

Answers:

7 i think.

Step-by-step explanation:

Will give brainliest! The line passing through points (4, 0) and (–2, 1) has a slope of:

Answers

-1/6

Hope this helped!

Answer:-1/6

Step-by-step explanation:

Someone please help me:)

Answers

Answer: D

Step-by-step explanation:

ellie is preheating her oven before using it to bake. the initial temperature of the oven is 65° and the temperature will increase the rate of 10° per minute after being turned on what is the temperature of the oven six minutes after being turned on what is the temperature of the oven 10 minutes after being turned on

Answers

Answer:

The temperature of the oven after 6 minutes is 125 degrees and after 10 minutes its 165 degrees.

Step-by-step explanation:

10 x 6 = 60

60+65=125

10 x 10 = 100

100+65=165

15
The warmest temperature last winter was 17° F. The very next day, the temperature dropped 22° F. What was the actual temperature at the
end of the second night?
°F

Answers

Answer:

-5 degrees fahrenheit

pls help find the inequality represented by the graph​

Answers

Answer:

use the linear equation of a line

equation of a line is typically written as y=mx+b where m is the slope and b is the y-intercept.

now u do the rest

Which fraction is not equivalent to 9/12 ?

Answers

Answer:

16/24 is the correct answer.

Step-by-step explanation:

9/12 = 3/4

24/32 = 3/4

6/8 = 3/4

15/20 = 3/4

16/24 = 2/3

Answer:

D. 16/24

Step-by-step explanation:

If you simplify 9/12 = 3/4 because (9/12) ÷ 3

So let's just simplify the rest.

15/20 = 3/4

(15/20) ÷ 5 = 3/4

24/32 = 3/4

(24/32) ÷ 8 = 3/4

6/8 = 3/4

(6/8) ÷ 2 = 3/4

So the answer is 16/24

16/24 = 2/3

Hope this helps ya!!!

Marcus can choose between a monthly salary of $1,500 plus a 5.5% commission of sales or $2,000 plus a 3% commission of sales. He expects about $8,000 in sales each month. Which salary option should he choose?

Answers

Answer:

2,000 plus a 3% commision :))

Step-by-step explanation:

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