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July 4, 2015

Homework Help: math

Posted by Tiffany on Friday, March 1, 2013 at 5:35pm.

An investor purchases 75 shares at 37.90 a share, holds the stock for 150 days, and then sells the stock for 41.20 a share. Find the annual interest rate earned.

principal
under 3000
3000-10,000
over 10,000

commission
32+1.8% of principal
56+1% of principal
106+0.5% of principal

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