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Mashutka [201]
3 years ago
15

The Garden Shoppe has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 1.65 percent

annually. The firm just paid an annual dividend of $1.84. What will the dividend be eight years from now?
Business
1 answer:
Andru [333]3 years ago
3 0

Answer:

In order to find the dividend 8 years from now we will use the formula D*(1+R)^N

Right now

D= 1.84

R=1.65%

N= 8

1.84*(1.0165)^8

=2.097

The dividend 8 years from now will be $2.097.

Explanation:

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Max is the marketing manager at the university bookstore. He is developing his marketing plans for the next school year. The boo
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<u>Solution and Explanation:</u>

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3 years ago
You make $10.25 per hour. You have 7.5% of your total pay taken out of your check for your 401K retirement plan. How much will b
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<h3>What is the computation justifying the above?</h3>

Given:

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Bonus: $15.375‬ for every hour worked over forty hours.

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Total Pay thus =

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Full Question:

You make $10.25 per hour. You have 71/2% of your total pay taken out of your check for your 401K retirement plan. How much will be taken out for your 401K if you work 47 hours this week? You get paid time-and-a-half for all hours over 40.

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E. $14.35

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2 years ago
Beachside co. sells two products, skis and snorkels. last year beachside sold 12,600 units of skis and 23,400 units of snorkels.
Nimfa-mama [501]

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Answer:

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