Answer:
$24.86
Explanation:
The estimated stock of Zephyrl is $50
This is for a period of 5 years
The rate of return is 15%
Therefore the price that will be paid for this stock can be calculated as foloes
50= x (15/100^5)
50= x (0.15+1^5)
50= x (1.15^5)
50= 2.0113x
Divide both sides by the coefficient of x
= 50/2.0113
= 24.86
Hence the price that will be paid for the stock is $24.86
The price one bicycle is $21
Explanation:
because 100÷10=0.1
and the total is 300$
300-100=20
20+0.1=20
answer is 21
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The answer is A. The owner has a lot of his own money invested in the business.