Joe Dough buys $300 worth of ABC mutual fund every month.In June Joe pays $30 per share,in July he pays $25 per share and in August he pays $50 per share.How many shares of ABC mutual fund will Joe have at the end of August?

Question

Quizplus · Accepted Answer

Joe buys 10 shares in June (300/30), 12 shares in July (300/25), and 6 shares in August (300/50). So, he has a total of 28 shares at the end of August.

Joe Dough Buys $300 Worth of ABC Mutual Fund Every