Question: need help! Thank you in advance Assignment: Conservative Corey invests his $10,000 in a savings account that pays 1.02% APY if he maintains the account
Assignment: Conservative Corey invests his $10,000 in a savings account that pays 1.02% APY if he maintains the account for 3 years. He will then cash in his investment. Progressive Priscilla invests $5,000 in IBM at $125/share and $5000 in Kodak at $10/share. She sells her stocks in 3 years. IBM dropped to $110/share but Kodak went up to $12/share. 1. How much was Corey's savings account investment worth when he cashed it in? 2. How many shares of IBM did Priscilla buy? How many shares of Kodak did she buy? 3. How much money did she have from her investments right after she sold them? 4. Who was the wiser investor? 5. Priscilla is also a real estate agent. She just sold a 4 bedroom, 3 bath home for $475,000. If her net commission rate is 2.4%, how much did she earn from the sale? Use text entry or file upload
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