Answer:
Expected rate of return =7.1% (Approx.)
Step-by-step explanation:
Given:
Current stock price = $50
Divided d = $2
Growth rate g = 5 %
Find:
Expected rate of return
Computation:
Expected rate of return = D(1+g)/Current Price + g
Expected rate of return = [2(1+5%)/50] + 5%
Expected rate of return =7.1% (Approx.)
Answer:
35 hotdogs
Step-by-step explanation:
You are running a concession stand at a basketball game. You are selling hotdogs and sodas.
Let the number of hot dogs be represented by x
The number of soda be represented by y
You sold a total of 87 hotdogs and sodas combined
x + y = 87
x = 87 - y
Each hotdog cost $1.50 and each soda cost $0.50. At the end of the night you made a total of $78.50.
Hence we have the equation:
$1.50 × x + $0.50 × y = $78.50
1.50x + 0.50y = 78.50
Substitute 87 - y for x
1.50(87 - y) + 0.50y = 78.50
130.5 - 1.50y + 0.50y = 78.50
Collect like terms
- 1.50y + 0.50y = 78.50 - 130.50
-1.00y = -52
y = -52/-1
y = 52 sodas
How many hotdogs did you sell?
Using the equation:
x = 87 - y
x = 87 - 52
x = 35 hotdogs
Hence, you sold 35 hotdogs
Answer:
$75.6
Step-by-step explanation:
Multiply the model car's price by 105% (or 1.05) to find the total price.
$72 * 105% = $75.6.
Arrange the data set in ascending order:
State A: 4, 5, 6, 6, 7, 8, 9, 21, 25
State B: 10, 11, 12, 13, 14, 14, 15, 15, 16
5 number summary:
State A State B
minimum 4 10
Q1 5.5 11.5
median 7 14
Q3 15 15
maximum 25 16
IQR 9.5 3.5
The box plot are not symmetric. The distance of the median from each Q1 and Q3 should be equal for the box plot to be symmetric.
