If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.
A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.
A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.
Dividend yield=Annual Dividend next year/Current price
Annual Dividend next year=(49*3.8%)=$1.862
Hene, the dividend just paid = Annual Dividend next year * Present value of discounting factor( 5.1%, time period)
⇒$1.862/1.051
⇒$1.77 (Approx)
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Given:
Principal = 11,000
return rate = 6%
term = 20 years
Without additional information, I can treat this problem as a simple interest problem.
Simple Interest = Principal * rate * term
Simple Interest = 11,000 * 0.06 * 20 years
Simple Interest = 13,200
11,000 + 13,200 = 24,200 total balance after 20 years.
Assuming that the interest is compounded once a year.
A = P (1 + i/n)^t*n
A = 11,000 (1 + 0.06/1)^20*1
A = 11,000 (1.06)^20
A = 11,000 * 3.207
A = 35,278.49 total amount after 20 years.
The amount involving compounding interest is greater than simple interest because in compounding interest, the interests earned in the previous years also earn its own interest. Whereas, in simple interest only the principal earns an interest.
The number of payments that I would make before the account balance reaches $20,031 is 31 months 15 days
N is the number of monthly payments that would be made before the account balance reaches $20,031.
This formula would be used to determine the value of N
FV = P ( 1 + r)^nm
- FV = future value = $20,031
- P = monthly payments = $465
- r = interest rate = 12%/12 = 1%
- n = number of years
- m = number of compounding = 12
$20,031 = $465 x (1.01)^12n
$20,031 / $465 = (1.01)^12n
43.077419 = (1.01)^12n
Log 43.077419 = Log (1.01)^12n
log 43.077419 / log (1.01) = 12n
1.6342497 / 0.0043214 = 12n
378.17598 = 12n
n = 378.17598 / 12
n = 31.51 months or 31 months 15 days
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