Need Math Help with a man who invested in a stock

Jan 10th, 2016
Price: $10 USD

Question description

A man invested $ 1552 in a stock at 97 to obtain an income of $128. The dividend from the stock is:

A 12% stock yielding 10% is quoted at

The market value of a 10.5% stock, in which an income of $756 is derived by investing $9000, brokerage being %, is

The cost price of a $100 stock at 4 discount, when brokerage is 1 % is

Sakshi invests a part of $12,000 in 12% stock at $120 and the remainder in 15% stock at $125. If his total dividend per annum is $1360, how much does he invest in 12% stock at $120?

Tutor Answer

(Top Tutor) Greatluthor
School: UT Austin

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