17
QuizMath Formula

Rational Equations in Financial Contexts — Quiz

Question 17 • Financial Math

An investor purchased 1,000 shares of a stock for $⁢52,350 She is buying more shares at the current rate of $⁢91.27 She wants the average purchase price of all the shares to be $⁢85 The average purchase price is the total amount spent divided by the total number of shares. How many shares should she buy to achieve her desired average purchase price? Round to the nearest whole number if necessary.

Answer

Math Formula Answer:

5207

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