If it is on sale for 15%, then you are paying 85% (100-15) of the original price.
To find 85% of 850, you do 850*.85 to get $722.50
Hope this helps
The change in the price of the stock is $46.67.
<h3>How to calculate the change in price?</h3>
From the information given, the current price will be:
= Annual dividend / Required rate
= 7/0.1
= $70
The market value of the shares will be:
= 7/6%
= 7/0.06
= $116.67
Therefore, the change in the price of the stock will be:
= $116.67 - $70
= $46.67
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All outcomes of three children (using G for girl and B for boy)
GGG, GGB,GBG,GBB,BGG,BGB,BBG,BBB
1) exactly two is 3 out of 8 total outcomes, or 3/8
2) all sons is one outcome, or 1/8
The slope is 0 because there is no slope it is not pointing up nor is it down. It is just a straight line. I hope this helps!! Have a nice day!!