A 4 years because it is half the number he wants it to double in
Answer:
Simple the answer is 0
Step-by-step explanation:
The initial value is the y intercept or where the line passes though on the y axis
Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
Answer:
4(x+8)
Step-by-step explanation:
hope this helps
Then if you want to know the value of x.
This is the solution 4(x+8)
4x+32 to find the x divide both by side by 4.
4x/4+32/4
x=8
1/2 = 0.5...to turn to a percent, multiply by 100.
0.5 x 100 = 50%
