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Chad has $420 to invest. The price of a stock is $6.82 per share. What is the greatest number of whole shares Chad can buy?

Chad has $420 to invest. The price of a stock is $6.82 per share. What is the greatest number of whole shares Chad can buy?
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3 votes
Chad has $420 to invest. The price of a stock is $6.82 per share. What is the greatest number of whole shares Chad can buy?

asked
User Hemmels
by
9.0k points

2 Answers

2 votes

Answer:

61

Explanation:

answered
User Danypata
by
8.7k points
1 vote
Chad can invest into 61 whole stocks

420 / 6.82 = 61.58 but Chad cannot purchase half of a stock so the answer is 61 whole stocks

I hope this helped :)
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User Cee
by
8.6k points
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