Use the given partial stock table. Round dollar amounts to the nearest cent when necessary. Michele Desjardins bought 850 shares of Apple (APPL) at the 52-week low and sold the shares at the 52-week high shown in the table.

(a)Ignoring dividends, what was Michele's profit or loss on the sale of the stock?$

(b)If her broker charges 2.1% of the total sale price, what was the broker's commission?$

14 A bond has a $11,000 face value, a 9-year maturity, and a 2.8% coupon. Find the total of the interest payments paid to the bondholder.

15 A mutual fund has total assets of $40,000,000 and total liabilities of $6,000,000. There are 1,900,000 shares outstanding. Find the net asset value of the mutual fund. (Round your answer to the nearest cent.)

16 A mutual fund has total assets of $19 million and total liabilities of $1 million. There are 2 million shares outstanding. You invest $7000 in this fund. How many shares are you purchasing?

17 You buy a $258,000 home with a down payment of 24%. Find the amount of the down payment and the mortgage amount.

18 The purchase price of a condominium is $123,500. A down payment of 25% is made. The bank charges $725 in fees plus

2 1/2 points. Find the total of the down payment and the closing costs. (Round your answer to the nearest cent.

19 Marcel Thiessen purchased a home for $206,400 and obtained a 15-year, fixed-rate mortgage at 10% after paying a down payment of 10%. Of the first month's mortgage payment, how much is interest and how much is applied to the principal? (Round your answer to the nearest cent.)

20 You purchase a cottage for $185,000. You obtain a 30-year, fixed rate mortgage loan at 11.0% after paying a down payment of 25%. Of the second month's mortgage payment, how much is interest and how much is applied to the principal? (Round your answers to the nearest cent.)

21 Suppose you obtain a 30-year mortgage loan of $198,000 at an annual interest rate of 8.5%. The annual property tax bill is $972 and the annual fire insurance premium is $492. Find the total monthly payment for the mortgage, property tax, and fire insurance. (Round your answer to the nearest cent.)

22 You have saved $18,000 for a down payment on a house. Your bank requires a minimum down payment of 15%. What is the maximum price you can offer for a home in order to have enough money for the down payment? (Round your answer to two decimal places.)

25 After six biology tests, Ruben has a mean score of 77. What score does Ruben need on the next test to raise his average (mean) to 79?