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Calculate the total earnings interest purchaser 1 purchaser 2 purchaser 3 purchaser 4 running tot Rules Accel $/year/year 1. start off with $1000 2. b

Calculate the total earnings

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interest purchaser 1 purchaser 2 purchaser 3 purchaser 4 running tot Rules Accel $/year/year 1. start off with $1000 2. b = buy the stock and nb = no buy 3. when buying, you buy as many complete shares as possible 4. there is a 0.5% monthly simple interest on the principal amount in savings this is indicated in the running total 5. in Jan 2002, all shares are sold at $116 72 0 5 10 b 36 b nb 432 b -288 b 12 nb nb nb 0 -144 nb nb nb nb -36 nb nb 432 nb 288 nb -12 nb nb -24 15 20 25 30 35 40 45 50 -144 nb nb nb nb nb nb nb nb nb -36 -144 nb nb nb 48 Date Stock Price Rate (Beginning of $ $/year Jan-00 100 Feb-00 106 Mar-00 109 Apr-00 110 May-00 110 Jun-00 107 Jul-00 106 Aug-00 104 Sep-00 101 Oct-00 97 Nov-00 91 Dec-00 87 Jan-01 84 Feb-01 81 Mar-01 80 Apr-01 82 May-01 86 Jun-01 91 Jul-01 100 Aug-01 107 Sep-01 113 Oct-01 116 nb nb -72 nb nb -48 -144 nb -288 nb 288 nb 144 nb O nb nb nb nb 55 nb nb b 60 -36 -36 -12 nb nb nb 65 288 nb nb nb nb 70 24 432 b nb nb b 75 48 288 b b b b 80 60 b b b 85 144 b 576 b 108 b b b 90 84 -288 b b nb nb 95 100 72 -144 b b nb nb 36 -432 b b nb nb 105 Nov-01 118 24 -144 b b nb nb 110 117 -12 nb nb 115 Dec-01 Jan-02 -432 nb onb nb nb 116 -12 nb nb 120 total ? ? ? ? interest purchaser 1 purchaser 2 purchaser 3 purchaser 4 running tot Rules Accel $/year/year 1. start off with $1000 2. b = buy the stock and nb = no buy 3. when buying, you buy as many complete shares as possible 4. there is a 0.5% monthly simple interest on the principal amount in savings this is indicated in the running total 5. in Jan 2002, all shares are sold at $116 72 0 5 10 b 36 b nb 432 b -288 b 12 nb nb nb 0 -144 nb nb nb nb -36 nb nb 432 nb 288 nb -12 nb nb -24 15 20 25 30 35 40 45 50 -144 nb nb nb nb nb nb nb nb nb -36 -144 nb nb nb 48 Date Stock Price Rate (Beginning of $ $/year Jan-00 100 Feb-00 106 Mar-00 109 Apr-00 110 May-00 110 Jun-00 107 Jul-00 106 Aug-00 104 Sep-00 101 Oct-00 97 Nov-00 91 Dec-00 87 Jan-01 84 Feb-01 81 Mar-01 80 Apr-01 82 May-01 86 Jun-01 91 Jul-01 100 Aug-01 107 Sep-01 113 Oct-01 116 nb nb -72 nb nb -48 -144 nb -288 nb 288 nb 144 nb O nb nb nb nb 55 nb nb b 60 -36 -36 -12 nb nb nb 65 288 nb nb nb nb 70 24 432 b nb nb b 75 48 288 b b b b 80 60 b b b 85 144 b 576 b 108 b b b 90 84 -288 b b nb nb 95 100 72 -144 b b nb nb 36 -432 b b nb nb 105 Nov-01 118 24 -144 b b nb nb 110 117 -12 nb nb 115 Dec-01 Jan-02 -432 nb onb nb nb 116 -12 nb nb 120 total

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