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Mashcka [7]
2 years ago
10

Michelle Smith bought 30 shares of James Company stock at $34 per share. The company paid annual dividends of $0.42 per share. W

hat is the total annual dividend? Show work
A) 9.78
B) 12.60
C) 1.69
D) 11.97
Mathematics
1 answer:
grandymaker [24]2 years ago
5 0

Answer:

The right option is B) 12.60

Step-by-step explanation:

We have given,

Number of shares = 30

Cost of each share = $34

Total cost of shares = 30 × 34 = $1020

Since the company paid annual dividends of $0.42 per share.

i.e Total annual dividend company paid = 0.42 × 30

Total annual dividend company paid = $ 12.60

Hence the right option is B) 12.60


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Answer:

1

Explanation:

From the question, we have it that the probability of heads coming up every time or tail coming up every time is 1:7 if the coin is tossed in 4 tosses

What this means is that we have a probability of 1/8 of head showing up and a probability of 7/8 that a tail will show up in each toss of the coin

For four throws, it means all four are heads or all four are tails

If all four are heads, we have the probability of this happening as:

\text{ (}\frac{1}{8})^{}

if all four are tails, we have the probability as:

\frac{7}{8}

Now, the probability of either heads or all tails after 4 tosses will be:

\text{ }\frac{1}{8}\text{ + }\frac{7}{8}\text{ = 1}

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Answer:

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Step-by-step explanation:

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