Nathan bought 200 shares of stock at $40 per share ($8,000 total). He paid $5,000 in cash and borrowed $3,000 from the brokerage firm. The loan has an annual interest rate of 6 percent. Six months later, the stock’s current price is $38 per share. If Nathan sells now, he will pay a commission of $160 and will have to repay the loan. If he sells now, he will lose $ __?

Michelle and julie work at a catering company. they need to bake 264 cookies for a birthday party that starts in a little over an hour and a half. each tube of cookie dough claims to make 36 cookies, but michelle eats about 1/5 of every tube and julie makes cookies that are 1.5 times as large as the recommended cookie size. it takes about 8 minutes to bake a container of cookies, but since julie's cookies are larger, they take 12 minutes to bake. a. how many tubes should each girl plan to bake? how long does each girl use the oven? b. explain your solution process what did you make? c. what assumptions did you make?