Starting Out with Java: From Control Structures through Data Structures (4th Edition) (What's New in Computer Science)
4th Edition
ISBN: 9780134787961
Author: Tony Gaddis, Godfrey Muganda
Publisher: PEARSON
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Textbook Question
Chapter 2, Problem 19PC
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, the paid $32.87 per share.
- Joe paid his stockbroker a commission that amounted to 2% 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% of the amount he received for the stock.
Write 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.
- Display the amount of profit that Joe made after selling his stock and paying the two commissions to his broker. (If the amount of profit that your program displays is a negative number, then Joe lost money on the transaction.)
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Chapter 2 Solutions
Starting Out with Java: From Control Structures through Data Structures (4th Edition) (What's New in Computer Science)
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