2800 ÷ 400
Cross out 2 zeros from both numbers, then you have 28 ÷ 4 = 7
Answer:
Opens downward, like a frowning face
Step-by-step explanation:
Answer:
the stock will sell for $59.16
Step-by-step explanation:
P0 = 2 * (1+0.2) / (1+0.105) + 2 * (1+0.2) * (1+0.12) / (1+0.105)^2 +
2*(1+0.2)*(1+0.12)^2 / (1+0.105)^3 +
[(2 * (1+0.2) * (1+0.12)^2 * (1+0.06) / (0.105-0.06)) / (1+0.105)^3 ]
P0 = $59.16
Multiply 2.90 by 6 and multiply 2.90 by 4 then add them and you get your answer