To find the dividend per share, we divide the total dividend amount by the total shares.
Dividend per share = 40,000 / 60,000
Dividend per share = $0.67
Your share = 100 x 0.67
Your share = $66.67
X=5, if that’s what you’re solving for
2238 - 300 = 1938 ft is your answer
Simple interest = Cost Price + (Interest Percentage of Cost Price × number of years or months we are paying off)
a) SI = £20 000 + (5% of £20 000 × 4)
SI = £20 000 + (£1000 × 4)
SI = £20 000 + £4000 = £24 000
b) SI = £20 000 + (5% of £20 000 × 3)
SI = £20 000 + (£1000 × 3)
SI = £20 000 + £3000 = £23 000
£24 000 - £23 000 = £1000 that you saved!
