Starting Out with Python (4th Edition)
4th Edition
ISBN: 9780134444321
Author: Tony Gaddis
Publisher: PEARSON
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Textbook Question
Chapter 2, Problem 12PE
Stock Transaction
Last month, Joe purchased some stock in Acme Software. Inc. Here are the details of the purchase:
▪ The number of shares that Joe purchased was 2,000.
▪ When Joe purchased the stock, he paid $40.00 per share.
▪ Joe paid his stockbroker a commission that amounted to 3 percent of the amount he paid for the stock.
Two weeks later, Joe sold the stock. Here are the details of the sale:
▪ The number of shares that Joe sold was 2,000.
▪ He sold the stock for $42.75 per share.
▪ He paid his stockbroker another commission that amounted to 3 percent of the amount he received for the stock.
Write a program that displays the following information:
▪ The amount of money Joe paid for the stock.
▪ The amount of commission Joe paid his broker when he bought the stock.
▪ The amount for which Joe sold the stock.
▪ The amount of commission Joe paid his broker when he sold the stock.
▪ Display the amount of money that Joe had left when he sold the stock and paid his broker (both times). If this amount is positive, then Joe made a profit. If the amount is negative, then Joe lost money.
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Chapter 2 Solutions
Starting Out with Python (4th Edition)
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