Nmorfoot81 Nmorfoot81
  • 06-10-2021
  • Mathematics
contestada

I bought 3,000,000 shares at .000007. what would my gain be if it reached .01 .

Respuesta :

LammettHash
LammettHash LammettHash
  • 06-10-2021

If 1 share had an initial cost of $0.000007, then 3,000,000 shares would be worth

(3,000,000 shares) × ($0.000007/share) = $21

If the price increases to $0.01 per share, then the same number of shares would have a value of

(3,000,000 shares) × ($0.01/share) = $30,000

So you've gained a net profit of $30,000 - $21 = $29,979, which corresponds to a

$29,979 / $21 = 1,427.57 = 142,757%

increase in value.

Answer Link

Otras preguntas

how many times can 14 go into 98
Grade 7 : Help, anyone? Urgent!!!!!!!!
Anna gave away 3 more than half her apples. she gave away 17 apples in all.how many apples did Anna have originally?
A round swimming pool (a cylinder) has a diameter of 16 feet and a height of 4 feet. How many gallos of water can the pool hold if 1ft cubed = 7.5 gallons?
four times a number increased by 4 divided by 2 is 2
an open parachute increases air resistance of a falling sky diver by
A nation governed by another nation on behalf of the League of Nations. A. Trenches B. Mandates C. Stalemate D. Kaiser
what's the answer of 75% of what number is 60
what is $0.1369 rounded to the nearest cent
What is the value of the expression –12 – 3 + 9? A. –6 B. –15 C. 22 D. 0