{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T17:12:58-04:00", "answer_date": "2024-05-29 17:12:58", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1896619", "url": "\/study-help\/questions\/1-point-the-commission-charged-for-investing-is-60-plus-1896619", "question_creation_date_js": "2024-05-29T17:12:58-04:00", "question_creation_date": "May 29, 2024 05:12 PM", "meta_title": "[Solved] (1 point) The commission charged for inve | SolutionInn", "meta_description": "Answer of - (1 point) The commission charged for investing is $60 plus 1.8% of the principal. An investor purchases 300 shares at | SolutionInn", "meta_keywords": "1,point,commission,charged,investing,$60,plus,1.8%,principal,investor,purchases,300", "question_title_h1": " (1 point) The commission charged for investing is $60 plus 1.8% of the principal. An investor purchases 300 shares at $19.97 a share, holds", "question_title": " (1 point) The commission charged for investing is $60 plus 1.8%", "question_title_for_js_snippet": "(1 point) The commission charged for investing is $60 plus 1 8 of the principal An investor purchases 300 shares at $19 97 a share, holds the stock for 22 weeks, and then sells the stock for $23 47 a share (a) At the time the investor purchases, the investment's principal is dollars, the commission is dollars for a total investment of dollars (b) At the time the investor sells, the principal is dollars, a commission of dollars is charged for a total return of dollars (c) Based on the total investment you computed as the last answer in part (a), the total return you computed as the last answer in part (b), the time of 22 weeks (and there are 52 weeks in a year) what annual rate of interest earned r so the annual interest rate (as a percent) is percent Your answer to the final question must be EXACT If you have all questions but the last question go green, your answer is not exact Replace the inexact work borrowed from parts (a) and (b) with exact values when answering the last question in part (c), or as a more useful general practice, use exact values for all questions in homework ", "question_description": "\"image", "transcribed_text": "(1 point) The commission charged for investing is $60 plus 1.8% of the principal. An investor purchases 300 shares at $19.97 a share, holds the stock for 22 weeks, and then sells the stock for $23.47 a share. (a) At the time the investor purchases, the investment's principal is dollars, the commission is dollars for a total investment of dollars. (b) At the time the investor sells, the principal is dollars, a commission of dollars is charged for a total return of dollars. (c) Based on the total investment you computed as the last answer in part (a), the total return you computed as the last answer in part (b), the time of 22 weeks (and there are 52 weeks in a year). what annual rate of interest earned?r= so the annual interest rate (as a percent) is percent Your answer to the final question must be EXACT. If you have all questions but the last question go green, your answer is not exact. Replace the inexact work borrowed from parts (a) and (b) with exact values when answering the last question in part (c), or as a more useful general practice, use exact values for all questions in homework.", "related_book": { "title": "Financial Accounting", "isbn": "978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881", "edition": "6th Edition", "authors": "Libby, Short", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/143.jpg", "uri": "\/textbooks\/financial-accounting-6th-edition-143", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CT8KC1ST", "uri": "\/textbooks\/achieve-massive-book-business-growth-1000-to-150-000-000-dollars-in-only-3-5-years-1st-edition-979-8877138186-268781", "name": "Achieve Massive Book Business Growth 1000 To 150 000 000 Dollars In Only 3 5 Years", "edition": "1st Edition" }, "question_posted": "2024-05-29 17:12:58", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/in-the-proposal-the-contractor-estimated-that-50-units-of-701661", "description": "In the proposal, the contractor estimated that 50 units of a specialty part are required. 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