The answer is that the coat costs $3.10 because you round $3.0975 to $3.10
Annual rate of return earned when the share was sold at $50 per share is 20%
Annual rate of return earned when the share was sold at $60 per share is 40%
<h3>How to calculate annual rate of return</h3>
Annual rate of return is given by the formula
let end of the year price = eyp
let beginning of the year price = byp
= {(eyp - byp) / byp} * 100
Annual rate of return at share price of $50 per share
when there is paying of dividends the value is added to the the eyp
eyp = 50 * 100 + 2 * 100 * 5 = 6000
byp = 50 * 100 = 5000
= {(6000 - 5000) / 5000} * 100
= 20%
Annual rate of return at share price of $60 per share
eyp = 60 * 100 + 2 * 100 * 5 = 7000
byp = 50 * 100 = 5000
= {(7000 - 5000) / 5000} * 100
= 40%
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You plug in numbers -3 to 3 into the x variable of the equation and then plot those points
y = -2x
X = -3 y = (-2)(-3) = 6
X = -2 y = (-2)(-2) = 4
X = -1 y = (-2)(-1) = 2
X = 0 y = (-2)(0) = 0
X = 1 y = (-2)(1) = -2
X = 2 y =(-2)(2) = -4
X = 3 y = (-2)(3) = -6
In case that looks a little cluttered here are the points to graph:
(-3, 6) (-2, 4) (-1, 2) (0, 0) (1, -2) (2, -4) (3, -6)
The square root of 21 is a decimal or 3 square roots of 3
Are you looking for answers with decimals?
