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:
B
Step-by-step explanation:
Because she doesn't put it back in the bag.
Step-by-step explanation:
given a normal distribution with the given parameters the probability (= the % of the area of the distribution curve) for a number to be between 203 and 1803 is
0.9987
so, 99.87% of all numbers are expected to be in that range.
for 350,000 numbers that means
350,000×0.9987 = 349,545 numbers are expected to be between 203 and 1803.
Answer:
6
Step-by-step explanation:
Answer:
5.5193237 times 10 to the power of -10
Step-by-step explanation:
To solve you just need to divided the area by the length or width the question has provided. Please note I am in 7th grade.
