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const2013 [10]
3 years ago
10

1675 at 4.6% for 4 years What is the balance

Mathematics
1 answer:
Yuri [45]3 years ago
4 0
Amount of Interest (I) = P * R * T /100
I = 1675 * 4.6 * 4 /100
I = 308.20

Balance = Initial amount + Interest amount
B = 1675 + 308.20 = 1983.20

In short, Your Answer would be $1983.20

Hope this helps!
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matt has 492,000 shares of a preferred stock that pays $1.87 a share return. what yearly income can matt expect from his stock
Sergeeva-Olga [200]

The yearly income that matt can expect from his stock is $920,040.

<h3>Stock yearly income to expect:</h3>

Using this formula

Yearly income=Number of shares of preferred stock × Share return

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Let plug in the formula

Yearly income=492,000×$1.87

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Learn more about yearly income here:brainly.com/question/8508440

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Step-by-step explanation:

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