Aaliyah made a deposit into an account that earns 6% annual compound interest. After two years the value of account was $11,236.
1 answer:
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Answer:
6:15 and 8:20 are examples of additional equivalent ratios.
Step-by-step explanation:
The table is:
<u>Books (x) Cost (y)</u>
2 5
4 10
From the table, the ratio Books : Cost is 2:5 or 4:10. Equivalent ratios are obtained, using a graph, from the plot of the line that pass through these two points. In the figure attached, this line is shown. There, it can be seen that ratios 6:15 and 8:20 are equivalent to those from the table.
Answer:
- $855,000
- Dividend per share of common stock = $1.06
Step-by-step explanation:
1. Preferred Share dividends.
There are 300,000 preference shares and each of them got $2.85. Total dividends are;
= 300,000 * 2.85
= $855,000
2. Total dividends = $3,500,000
Dividends left for Common Shareholders (preference gets paid first)
= 3,500,000 - 855,000
= $2,645,000
Common shares number 2,500,000
Dividend per share of common stock =
= $1.06