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:
Step-by-step explanation:
The x and y intercepts occur when either x or y = 0
For the y intercept, x = 0
3(0) - 5y + 15 = 0
- 5y + 15 = 0 Subtract 15 from both sides.
-5y = - 15 Divide by - 5
-5y / -5 = - 15/-5
y = 3
For x intercept, y = 0
3x - 5(0) + 15 = 0
3x + 15 = 0 Subtract 15 from both sides
3x = - 15 Divide by 3
3x/3 = - 15/3
x = - 5
xintercept = (-5,0)
yintercept = (0,3)
Answer:
It is A
Step-by-step explanation:
a= 3.14 x 7 x 7
3.14 x 49
= 30.772
Just multiply by 0.15 to get the tip amount and add to your original number. This gives you 32.43
Answer: 720
Step-by-step explanation:
Since we are to list 6 different kinds of Pizza and no condition is attached , this arrangement could be done in 6! ways.
That is
6! = 720
This means that the different kind of pizza could be listed in 720 ways
