Answer:
After 50 years the stock value will be $50 per share.
Step-by-step explanation:
Simple Interest Equation (Principal + Interest)
A = P(1 + rt)
Where:
A = Future amont = $50
P = Principal Amount = $40
r = Rate of Interest per year in decimal; r = R/100 = 0.5/100 = 0.005
t = Time Period involved in months or years
Plug in the values
50 = 40(1 + 0.005t)
50 / 40 = (1 + 0.005t)
5/4 = 1 + 0.005t
5/4 - 1 = 0.005t
0.25 = 0.005t
t = 0.25 / 0.005
t = 50 years
Answer:
Step-by-step explanation:
1.159 R (remainder) 42
| ------------------------
73 | 84.649
-73
116 (brought 6 down)
-73
434 (brought 4 down)
-365
699 (brought 9 down)
-657
42 is the remainder
Answer:
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Answer:
Exact form: x = 27/5
Decimal form: x = 5.4
Mixed-number form: x = 5 2/5
Step-by-step explanation:
hope this helps :)
0.01666666666
-1/3 divided by -4/5
hope this helps you