Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
Answer:
-8b+36 is the answer.
Step-by-step explanation:
=8(-b+4)
Opening brackets to simplify
=8✖️(-b)+8✖️4
=-8b+36 is the answer.
Hope this will help you :)
Answer:
6^8
Step-by-step explanation:
6^4 * 6^4
We know that a^b * a^c = a^( b+c)
6^(4+4)
6^8
Answer: 9 means "Parent watching"
hope this helps
Answer:
3
Step-by-step explanation:
I think the easiest way to go about this is to choose on of the answers and fill it in to see if it's correct. Since you only have 4 possible answers, there's no need to actually solve this.
In the question it already tells us that x does not equal 0, so that answer is automatically not correct. Now your down to three possible answers.
Start with -3. First, fill in the x with -3 for what the equation is supposed to equal. That gives you 3/-3. Simplified, that is -1. Now put -3 in for the x in the equation. That gives you 3/2(-3) + 1/2. After running that through your calculator or solving it, you end up with 0. So -3 is not your answer.
Next we'll try the 2. Do as we did last time, and fill in the x on the answer part of the equation. You now have 3/2. That doesn't simplify so it stays as is. Now for the equation. That makes it 3/2(2) +1/2. Put that in your calculator or solve, and you get 5/4. 5/4 does not equal 3/2 so 2 is not your answer.
That leaves 3. You can go ahead and run through the steps above using 3 if you want to double check, but since it's the only answer left, there isn't really a need to.
Hope this helps :)