Bundle: Finite Mathematics, Loose-leaf Version, 7th + WebAssign Printed Access Card for Waner/Costenoble's Finite Mathematics, 7th Edition, Single-Term
7th Edition
ISBN: 9781337604949
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
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Textbook Question
Chapter 3.3, Problem 20E
Investing: Lesser-Known Stocks Exercises 19 and 20 are based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc, and SanDisk Corporation:18
Price ($) | Dividend Yield (%) | |
WSR (WSR Whitestone REIT) | 16 | 7 |
HCC (HCC Insurance Holdings, Inc.) | 56 | 2 |
SNDK (SanDisk Corporation) | 80 | 2 |
You invested a total of $11,200 in shares of the three stocks at the given prices and expected to earn $304 in annual dividends. If you purchased a total of 250 shares, how many shares of each stock did you purchase?
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Duffin House, Higgins Press, and Sickle Publications all went public on the same day recently. John O’Hagan had the opportunity to participate in all three initial public offerings. He made a considerable profit when he sold all of the stock 2 days later on the open market. The following table shows the purchase price and percentage yield on the investment in each company:
Purchase Price (per share)
Yield (%)
Duffin House (DHS)
8
20
Higgins Press (HPR)
10
15
Sickle Publications (SPUB)
15
15
He invested $20,000 in a total of 2,000 shares and made a $3,400 profit from the transactions.
Duffin House, Higgins Press, and Sickle Publications all went public on the same day recently. John O'Hagan had the opportunity to participate in all three initial public offerings (partly because he and Marjory Duffin are good friends). He made a considerable profit when he sold all of the stock 2 days later on the open market. The following table shows the purchase price and percentage yield on the investment in each company.
Purchase Priceper Share ($)
Yield (%)
Duffin House (DHS)
8
20
Higgins Press (HPR)
10
15
Sickle Publications (SPUB)
15
15
He invested $25,000 in a total of 2,600 shares and made a $4,350 profit from the transactions. How many shares in each company did he purchase?
Duffin House shares Higgins Press shares Sickle Publications shares
I have
x+y+z=2600
8x+10y+15z=25,000
160x+150y+225z=435,000
i keep getting y=506, i know im doing something wrong :(
Chapter 3 Solutions
Bundle: Finite Mathematics, Loose-leaf Version, 7th + WebAssign Printed Access Card for Waner/Costenoble's Finite Mathematics, 7th Edition, Single-Term
Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - Prob. 6ECh. 3.1 - Prob. 7ECh. 3.1 - Prob. 8ECh. 3.1 - In Exercises 7-20, find all solutions of the given...Ch. 3.1 - In Exercises 7-20, find all solutions of the given...
Ch. 3.1 - Prob. 11ECh. 3.1 - Prob. 12ECh. 3.1 - Prob. 13ECh. 3.1 - Prob. 14ECh. 3.1 - In Exercises 7-20, find all solutions of the given...Ch. 3.1 - In Exercises 7-20, find all solutions of the given...Ch. 3.1 - Prob. 17ECh. 3.1 - Prob. 18ECh. 3.1 - Prob. 19ECh. 3.1 - In Exercises 7-20, find all solutions of the given...Ch. 3.1 - In Exercises 21-30, use technol.ogy to obtain...Ch. 3.1 - Prob. 22ECh. 3.1 - Prob. 23ECh. 3.1 - Prob. 24ECh. 3.1 - In Exercises 21-30, use technol.ogy to obtain...Ch. 3.1 - Prob. 26ECh. 3.1 - Prob. 27ECh. 3.1 - Prob. 28ECh. 3.1 - Prob. 29ECh. 3.1 - In Exercises 21-30, use technol.ogy to obtain...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - Prob. 36ECh. 3.1 - Prob. 37ECh. 3.1 - Prob. 38ECh. 3.1 - Prob. 39ECh. 3.1 - Class Scheduling Enormous State Universitys Math...Ch. 3.1 - Prob. 41ECh. 3.1 - Nutrition Anthony Altino is mixing food for his...Ch. 3.1 - Nutrition One serving of Campbell Soup Companys...Ch. 3.1 - Nutrition One serving of Campbell Soup Companys...Ch. 3.1 - Protein Supplements Exercises 45-48 are based on...Ch. 3.1 - Protein Supplements Exercises 45-48 are based on...Ch. 3.1 - Protein Supplements Exercises 45-48 are based on...Ch. 3.1 - Protein Supplements Exercises 45-48 are based on...Ch. 3.1 - Prob. 49ECh. 3.1 - Investments: Energy Stocks In the 3-rnonth period...Ch. 3.1 - Prob. 51ECh. 3.1 - Investments: High Dividend Stocks During the first...Ch. 3.1 - Voting An appropriations bill passed the U.S....Ch. 3.1 - Voting The U.S. Senate has 100 members. For a bill...Ch. 3.1 - Intramural Sports The best sports dorm on campus,...Ch. 3.1 - Law Five years ago, Enormous State Universitys...Ch. 3.1 - Purchasing (from the GMAT) Elena purchased Brand X...Ch. 3.1 - Purchasing (based on a question from the GMAT)...Ch. 3.1 - Prob. 59ECh. 3.1 - Equilibrium Price The demand and supply functions...Ch. 3.1 - Supply and Demand (from the GRE Economics Test)...Ch. 3.1 - Prob. 62ECh. 3.1 - Equilibrium Price In June 2001 the retail price of...Ch. 3.1 - Equilibrium Price At the start of December 2001...Ch. 3.1 - Pollution Joe Slo, a college sophomore, neglected...Ch. 3.1 - Prob. 66ECh. 3.1 - Prob. 67ECh. 3.1 - Prob. 68ECh. 3.1 - Prob. 69ECh. 3.1 - A system of three equations in two unknowns...Ch. 3.1 - Prob. 71ECh. 3.1 - Prob. 72ECh. 3.1 - Prob. 73ECh. 3.1 - Referring to Exercise 39, but using different...Ch. 3.1 - Prob. 75ECh. 3.1 - Prob. 76ECh. 3.1 - Select one: If the addition or subtraction of two...Ch. 3.1 - Select one: If adding two linear equations gives...Ch. 3.1 - Prob. 79ECh. 3.1 - Prob. 80ECh. 3.1 - How likely do you think it is that a random system...Ch. 3.1 - Prob. 82ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 6ECh. 3.2 - Prob. 7ECh. 3.2 - Prob. 8ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 11ECh. 3.2 - Prob. 12ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 14ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 17ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 19ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 26ECh. 3.2 - Prob. 27ECh. 3.2 - Prob. 28ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.2 - Prob. 33ECh. 3.2 - Prob. 34ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 36ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 38ECh. 3.2 - Prob. 39ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 41ECh. 3.2 - Prob. 42ECh. 3.2 - Prob. 43ECh. 3.2 - Prob. 44ECh. 3.2 - In Exercises 43-46, use technology to solve the...Ch. 3.2 - Prob. 46ECh. 3.2 - In Exercises 47-50, use technology to solve the...Ch. 3.2 - Prob. 48ECh. 3.2 - Prob. 49ECh. 3.2 - In Exercises 47-50, use technology to solve the...Ch. 3.2 - Prob. 51ECh. 3.2 - Prob. 52ECh. 3.2 - Prob. 53ECh. 3.2 - Prob. 54ECh. 3.2 - Prob. 55ECh. 3.2 - Prob. 56ECh. 3.2 - Your friend Frans tells you that the system of...Ch. 3.2 - Prob. 58ECh. 3.2 - Prob. 59ECh. 3.2 - Prob. 60ECh. 3.2 - Prob. 61ECh. 3.2 - Prob. 62ECh. 3.2 - Prob. 63ECh. 3.2 - Prob. 64ECh. 3.2 - Prob. 65ECh. 3.2 - Prob. 66ECh. 3.2 - Prob. 67ECh. 3.2 - Prob. 68ECh. 3.3 - Resource Allocation You manage an ice cream...Ch. 3.3 - Resource Allocation You own a hamburger franchise...Ch. 3.3 - Resource Allocation Urban Community College is...Ch. 3.3 - Resource Allocation The Enormous State University...Ch. 3.3 - Latin Music Sales (Digital) In 2013, total...Ch. 3.3 - Latin Music Sales (Digital) In 2012, total...Ch. 3.3 - Purchasing Aircraft In Example 2 we saw that...Ch. 3.3 - Purchasing Aircraft Refer to Exercise 7. Rene...Ch. 3.3 - Supply A bagel store orders cream cheese from...Ch. 3.3 - Supply Refer to Exercise 9. The bagel store's...Ch. 3.3 - Pest Control Halmar the Great has boasted to his...Ch. 3.3 - Manufacturing Perfume The Fancy French Perfume...Ch. 3.3 - Donations The Enormous State University Good Works...Ch. 3.3 - Tenure Professor Walt is up for tenure and wishes...Ch. 3.3 - Airline Costs Exercises 15and16 are based on the...Ch. 3.3 - Airline Costs Exercises 15and16 are based on the...Ch. 3.3 - Investing: Inverse Mutual Funds Inverse mutual...Ch. 3.3 - Investing: Inverse Mutual Funds Inverse mutual...Ch. 3.3 - Investing: Lesser-Known Stocks Exercises 19 and 20...Ch. 3.3 - Investing: Lesser-Known Stocks Exercises 19 and 20...Ch. 3.3 - Prob. 21ECh. 3.3 - Prob. 22ECh. 3.3 - Market Share: Homeowners Insurance Three market...Ch. 3.3 - Prob. 24ECh. 3.3 - Inventory Control Red Bookstore wants to ship...Ch. 3.3 - Inventory Control The Tubular Ride Boogie Board...Ch. 3.3 - Prob. 27ECh. 3.3 - Tourism in the 1990s In the 1990s, significant...Ch. 3.3 - Prob. 29ECh. 3.3 - Tobacco The following table shows some data from...Ch. 3.3 - Traffic Flow One-way traffic through Enormous...Ch. 3.3 - Traffic Flow The traffic through downtown East...Ch. 3.3 - Traffic Flow The traffic through downtown...Ch. 3.3 - Traffic Flow Officials of the town of Hempstead...Ch. 3.3 - Traffic Management The Outer Village Town Council...Ch. 3.3 - Electric Current Electric current measures (in...Ch. 3.3 - Econometrics (from the GRE Economics Test) This...Ch. 3.3 - Prob. 38ECh. 3.3 - CAT Scans CAT (computerized axial tomographic)...Ch. 3.3 - CAT Scans CAT (computerized axial tomographic)...Ch. 3.3 - Prob. 41ECh. 3.3 - Prob. 42ECh. 3.3 - Prob. 43ECh. 3.3 - Prob. 44ECh. 3.3 - Voting In the 75th Congress (1937-1939) the U.S....Ch. 3.3 - Prob. 46ECh. 3.3 - Investments Things have not been going too well...Ch. 3.3 - Prob. 48ECh. 3.3 - Prob. 49ECh. 3.3 - Suppose that you obtained a solution for Exercise...Ch. 3.3 - Prob. 51ECh. 3.3 - Prob. 52ECh. 3.3 - Prob. 53ECh. 3.3 - Prob. 54ECh. 3.3 - In Exercises 51-56, x, y and z represent the...Ch. 3.3 - In Exercises 51-56, x, y and z represent the...Ch. 3.3 - Make up an entertaining word problem leading to...Ch. 3.3 - Prob. 58ECh. 3 - In Exercises 16, graph the given equations and...Ch. 3 - Prob. 2RECh. 3 - Prob. 3RECh. 3 - In Exercises 16, graph the given equations and...Ch. 3 - Prob. 5RECh. 3 - Prob. 6RECh. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - Prob. 11RECh. 3 - Prob. 12RECh. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - Prob. 15RECh. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - Prob. 17RECh. 3 - Prob. 18RECh. 3 - Exercises 1922 are based on the following equation...Ch. 3 - Prob. 20RECh. 3 - Prob. 21RECh. 3 - Prob. 22RECh. 3 - Prob. 23RECh. 3 - Prob. 24RECh. 3 - Prob. 25RECh. 3 - Prob. 26RECh. 3 - Prob. 27RECh. 3 - Prob. 28RECh. 3 - Prob. 29RECh. 3 - Prob. 30RECh. 3 - Prob. 31RECh. 3 - Purchasing You are the buyer for OHaganBooks.com...Ch. 3 - Prob. 33RECh. 3 - Prob. 34RECh. 3 - Feeding Schedules Billy-Sean OHagan is John...Ch. 3 - Prob. 36RECh. 3 - Website Traffic OHaganBooks.com has two principal...Ch. 3 - Sales As the buyer at OHaganBooks.com, you are...Ch. 3 - Investing in Stocks Billy-Sean OHagan is the...Ch. 3 - Prob. 40RECh. 3 - Prob. 41RECh. 3 - Prob. 42RECh. 3 - Prob. 43RECh. 3 - Prob. 44RECh. 3 - Prob. 45RECh. 3 - Prob. 46RE
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