Answer:
20
Step-by-step explanation:
i did the math lol
Answer:
You can't add these because they are different variables
Step-by-step explanation:
Answer:
Five years ago, Benjamin invested in Parchar Special Effects. He purchased four par value $1,000 bonds from Parchar Special Effects at a market rate of 96.230. Each bond had an interest rate of 7.2%. Benjamin also purchased 200 shares of stock in the same company, each of which cost $19.08 and had a yearly dividend of $2.04. Today, bonds from Parchar Special Effects have a market rate of 104.595, and stock in Parchar Special Effects costs $22.62. If Benjamin liquidates his portfolio and sells all of his investments, which aspect of his investment will have yielded him a greater total profit, and how much greater is it?
- Step-by-step explanation:
Answer:
d) 303 8/9
Step-by-step explanation:
4th term = ar^3 and 5th = ar^4 where a = first term and r = common ratio.
So ar^4 / ar^3
= r = 45/-15 = -3.
Working back,:
The first term a = ar^3/ r^3
= -15 / (-3)^3
= -15/-27
= 5/9
Sum of n terms = a * (r^n - 1)/(r-1)
= 5/9 * ((-3)^7 - 1 ) / (-3 -1)
= 303 8/9
