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%
Well, 3^9 is the same thing as
3 x 3 x 3 x 3 x 3 x 3 x 3 x 3 x 3
So 3^9 is equal to 19,683
I want to help you but please make it easier to understand
Answer:
C) 1
there is only one space between L and D
Answer:
Step-by-step explanation:
you can round the numbers
27/3= 9
27.36 rounds down to 27 and 3.14 rounds to 3
