Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10. Stock Transaction Program 18pts pseudo by. flowchart by. python by. Last month Joe purchased some stock in Acme Software, Inc. Here are the details

10. Stock Transaction Program 18pts pseudo by. flowchart by. python by.

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. 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).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Database Management Systems

Authors: Mark L. Gillenson

2nd Edition

0470624701, 978-0470624708

More Books

Students also viewed these Databases questions

Question

Identify the elements that make up the employee reward package.

Answered: 1 week ago

Question

Understand the purpose, value and drawbacks of the interview.

Answered: 1 week ago