Problema Solution
a small company sells stock for 7 5/8 dollars per share. How much will 320 shares cost?
Answer provided by our tutors
7 5/8 = (7*8 + 5)/8 = 61/8
320*(61/8) = 40*61 = 2,440
320 shares cost $2,440.
a small company sells stock for 7 5/8 dollars per share. How much will 320 shares cost?
7 5/8 = (7*8 + 5)/8 = 61/8
320*(61/8) = 40*61 = 2,440
320 shares cost $2,440.