Elementary Algebra

Published by Cengage Learning
ISBN 10: 1285194055
ISBN 13: 978-1-28519-405-9

Chapter 2 - Real Numbers - 2.3 - Real Numbers and Algebraic Expressions - Problem Set 2.3: 85

Answer

Tanya paid $10,002 dollars for 650 shares.

Work Step by Step

Multiply the number of shares bought by the cost per share for one stock. Then repeat the same process for the second stock and add the cost for both stocks. $= 400(14.78) + 250(16.36)$ $= 5912 + 4090$ $= 10,002$ dollars Tanya paid $10,002 dollars for 650 shares.
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