During 1, Alice White purchased 300 shares of common stock issued by Logan Development Corporation for $6600 including commission. Later in the same vear, Alice sold the shares for $7000 after commission. Calculate the following. (Round all answers to two decimal places.)

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
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During 1, Alice White purchased 300 shares of common stock issued by Logan Development Corporation for $6600 including commission. Later
in the same year, Alice sold the shares for $7000 after commission. Calculate the following. (Round all answers to two decimal places.)
1. Profit on this stock transaction:
(0)
2. Percentage return on investment:
MAY
MacBook
Transcribed Image Text:During 1, Alice White purchased 300 shares of common stock issued by Logan Development Corporation for $6600 including commission. Later in the same year, Alice sold the shares for $7000 after commission. Calculate the following. (Round all answers to two decimal places.) 1. Profit on this stock transaction: (0) 2. Percentage return on investment: MAY MacBook
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