Based on the streams of income that Li Wei has, we can calculate that he has a total passive income of <u>$3,010.</u>
Passive income refers to income that is made without a person actively involving themselves in the activity generating the income.
In this scenario, the passive income sources are:
- Stock dividends
- Business investment interest
- Royalties from a novel
Total passive income therefore is:
= 530 + 1,080 + 1,400
= $3,010
In conclusion, the total passive income is $3,010.
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Answer:
Step-by-step explanation:
y = 25x +100
y- is the total money spent on the phone
x-is the number of months you had service
the relationship between x and y is proportional ( if x grows, y grows)
For example: after 2 months you would had payed $100 for the phone + the $25 each of the 2 months. y= 25*2 +100 = $150
Answer:
266
Step-by-step explanation:
6 bc if you divide 56 by 9 you’ll get 6.2 but i’m not sure the ( .2 ) will matter therefore just get the first digit which is 6