Answer:
x = -34.8
Step-by-step explanation:
<h2><u>solve the equation</u></h2>
2(x-3)
= 2x - 6
7(x + 24 )
= 7x + 168
put the equation together
2x - 6 = 7x + 168
now make x subject of formula:
2x - 7x = 168 +6
-5x = 174
x = 174/ -5
<h3><u>x = -34.8 </u></h3>
Answer:
86.4
Step-by-step explanation:
12% of 240 * 3 = 86.4
Answer:
10.51%
Step-by-step explanation:
Data provided in the question:
Period Initial value = $33.48
Period end value = $35.20
Annual dividend paid = $0.60
Total time = 3 years
Therefore,
the total dividend paid i.e the income = 3 × $0.60 = $1.80
Now,
The holding period is given as:

= 
= 
= 10.51%