Answer: a) 8.67%, b) 7.64%.
Step-by-step explanation:
Since we have given that
Stock has returns is given by
11 percent, 18 percent, 20 percent, −13 percent, 25 percent, and −9 percent
Number of years = 6
Arithmetic average returns for the stock is given by
Geometric average returns for the stock is given by
![[(1+0.11)\times (1+0.18)\times (1+0.20)\times (1-0.13)\times (1+0.25)\times (1-0.09)]^{\frac{1}{6}}-1\\\\=[1.11\times 1.18\times 1.20\times 0.87\times 1.25\times 0.91]^{\frac{1}{6}}-1\\\\=7.64\%](https://tex.z-dn.net/?f=%5B%281%2B0.11%29%5Ctimes%20%281%2B0.18%29%5Ctimes%20%281%2B0.20%29%5Ctimes%20%281-0.13%29%5Ctimes%20%281%2B0.25%29%5Ctimes%20%281-0.09%29%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1%5C%5C%5C%5C%3D%5B1.11%5Ctimes%201.18%5Ctimes%201.20%5Ctimes%200.87%5Ctimes%201.25%5Ctimes%200.91%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1%5C%5C%5C%5C%3D7.64%5C%25)
Hence, a) 8.67%, b) 7.64%.
Answer:
1 1/2
Step-by-step explanation:
its 100% correct.
$6900
$5000+3.8%=$5190
$190x10=$1900
$5000+$1900=$6900
Answer: $5
Step-by-step explanation:
Let the small candy be represented by x.
The medium candy was twice as expensive as the small candy. This will be: = 2×x = 2x
The large candy was $5 more than the medium candy. This will be: = 2x + 5
Since Jason spent a total of $30 on
candy, the cost of the small candy will be:
x + 2x + 2x + 5 = 30
5x + 5 = 30
5x = 30 - 5
5x = 25
x = 25/5
x= 5
The small candy cost $5
1956/(3+1)=489 adult tickets cost for all adults
1965-489= 1467 cost of child tickets
1467/5.30=276.8
277 child tickets were sold.
