Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
Answer:
A
Step-by-step explanation:
In order to compare all three numbers, you must change them all to have the same form, either all decimal form, all fraction, or all percentages.
The easiest ways to compare are decimal and percentage, as they're practically the same thing. For simplicities sake, though, let's turn all the numbers into decimal.
Since 0.85 is already in decimal form, leave it as it is.
3/4 can be turned into a decimal by putting it into a calculator, but intuitively you should know that it's 0.75. If you don't know a fraction intuitively, you just need to make the fraction into a multiple of denominator 100 and take the numerator. For example:

Numerator is 75.0, now simply move the decimal place up to to get the decimal form 0.75.
91% can be changed into a decimal by moving the decimal place left 2 places. 91.0% turns into 0.91.
Now that you can see the numbers, just rearrange them from least to greatest
0.75<0.85<0.91
equal to A
Answer:
20
Step-by-step explanation:
ones= 1
tens= 10
Hundreds= 100
The difference between ones and tens is the 0. ones=1. tens=10
<u>2</u>4
The 2 is in the beginning so its the 10's place. The 4 is the second number so its in the ones place
Answer:
Step-by-step explanation:
14 is 46.67% of thirty so you’d need to find out what 46.67% of 45 is which would be 21
Hope this is right and it helped XD