kpruitt1587 kpruitt1587

05-03-2021
Mathematics

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On January 1st you bought 100 shares of Ford Motor Company (F) for $8 per share . On October 2nd the stock price is $10 per share. You sell the 100 shares at $10 per share. How much did you make or lose (\$) ? What was your return on investment (ROl) ?

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unicorn2315 unicorn2315

06-03-2021

Answer:

$200; $800

Step-by-step explanation:

100 x8 =800

100 x10=1000

1000-800= $200 (what you earn)

the money that you pay back is the return on investment so $800

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