Answer:
After 50 years the stock value will be $50 per share.
Step-by-step explanation:
Simple Interest Equation (Principal + Interest)
A = P(1 + rt)
Where:
A = Future amont = $50
P = Principal Amount = $40
r = Rate of Interest per year in decimal; r = R/100 = 0.5/100 = 0.005
t = Time Period involved in months or years
Plug in the values
50 = 40(1 + 0.005t)
50 / 40 = (1 + 0.005t)
5/4 = 1 + 0.005t
5/4 - 1 = 0.005t
0.25 = 0.005t
t = 0.25 / 0.005
t = 50 years
Answer:
We have to put the data for purchased item in a frequency table.
Step-by-step explanation:
The diagram is attached below.
Firstly we have to see that how many customers fall under range 
.
Then 
.
Then 
.
Finally
.
If we go through the items purchased by customers we can see that item ranges from have 
customers.
Item purchased range from have 
customers.
Item purchased range from have 
customers.
Item purchased range from have 
customers.
Total number of customers = 
As we have total number of customers and they have varied quantity of items purchased.
Answer:
706.95in²
Step-by-step explanation:
This problem bothers on the mensuration of solid shapes, a cylinder
Step one
The trash can has a cylindrical shape
The distance from the center to the edge is the radius r= 15in
Step two
Area of top (circular ) = πr²
A= 3.142*15²
A= 3.142*225
A= 706.95in²
Answer:
$204 in interest
Step-by-step explanation:
Plug in each variable into the simple interest formula: I = PRT
P = $600
R = 8.5% (0.085)
T = 4 years
y = 23/(3 + x)
Step-by-step explanation:
