EXERCISE 1 Stock Transaction Program Last month Joe purchased some stock in Acme Software, Inc. Here are the details of the purchase: • The number of shares that Joe purchased was 1,000. • When Joe purchased the stock, he paid $32.87 per share. • Joe paid his stockbroker a commission that amounted to 2 percent of the amount he paid for the stock. Two weeks later Joe sold the stock. Here are the details of the sale: • The number of shares that Joe sold was 1,000. • He sold the stock for $33.92 per share. • He paid his stockbroker another commission that amounted to 2 percent of the amount he received for the stock. By writing a pseudo code and flow charts, design a program that displays the following information: ● The amount of money Joe paid for the stock. ● The amount of commission Joe paid his broker when he bought the stock. ● The amount that Joe sold the stock for. ● The amount of commission Joe paid his broker when he sold the stock. ● Did Joe make money or lose money? Display the amount of profit or loss after Joe sold the stock and paid his broker (both times). *Help me solve this question with a detailed solution. Thank you in advance.
Max Function
Statistical function is of many categories. One of them is a MAX function. The MAX function returns the largest value from the list of arguments passed to it. MAX function always ignores the empty cells when performing the calculation.
Power Function
A power function is a type of single-term function. Its definition states that it is a variable containing a base value raised to a constant value acting as an exponent. This variable may also have a coefficient. For instance, the area of a circle can be given as:
EXERCISE 1
| Stock Transaction Last month Joe purchased some stock in Acme Software, Inc. Here are the details of the purchase: • The number of shares that Joe purchased was 1,000. • When Joe purchased the stock, he paid $32.87 per share. • Joe paid his stockbroker a commission that amounted to 2 percent of the amount he paid for the stock. Two weeks later Joe sold the stock. Here are the details of the sale: • The number of shares that Joe sold was 1,000. • He sold the stock for $33.92 per share. • He paid his stockbroker another commission that amounted to 2 percent of the amount he received for the stock. |
By writing a pseudo code and flow charts, design a program that displays the following information:
● The amount of money Joe paid for the stock.
● The amount of commission Joe paid his broker when he bought the stock.
● The amount that Joe sold the stock for.
● The amount of commission Joe paid his broker when he sold the stock.
● Did Joe make money or lose money? Display the amount of profit or loss after Joe sold the stock and paid his broker (both times).
*Help me solve this question with a detailed solution. Thank you in advance.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
