Answer:
P55,000
Step-by-step explanation:
The amount of commission is found by multiplying the commission rate by the value of the sale(s).
commission = rate × sales
commission = 0.10 × p550,000 = P55,000
The agent will receive P55,000 in commission.
_____
<em>Check</em>
The amount of commission cannot be more than the value of the sale. It is generally a small fraction of the sale value. Here, it is 1/10.
Answer:
-10
Step-by-step explanation:
In the analysis of an infinite series, the sequence of partial sums are can be classified as either convergent of divergent. The series can be classified as a convergent sequence when a limit exists and is finite. The opposite is true, where the sequence of partial sums can be classified as a divergent sequence when the limit doesn't exist or is positive of negative infinity.
Answer: B. The stocks have a yield 6.84 percentage points greater than that of the bonds.
Step-by-step explanation:
Firstly, the yield for stocks will be calculated as:
= return/ investment cost
= $3.15/$ 21.38
= 0.14733395
= 14.73%
The yield for bonds will be calculated as:
= Return/Investment cost
Return = 1,000 x 8.3% = 83
Investment cost = 1,000 x 105.166/100 = 1051.66
Yield = 83/1051.66
= 0.07892284
= 7.89%
Then, the difference between the yield will be:
= 14.73% - 7.89%
= 6.84%
Therefore, the stocks have a yield 6.84 percentage points greater than that of the bonds.