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%
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Answer:
see attachments for a table and graph
Step-by-step explanation:
I find it convenient to use a graphing calculator or spreadsheet to do repetitive computations reliably.
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Your specific question asks for h(0):
h(0) = -|0 +2| +1 = -2 +1
h(0) = -1
You may want to check your other table values.
Gallon of milk: $3.49
3lbs oranges: $1.14(3) = $3.42
Box of cereal: $3.46
Front end estimation is taking the number in front and the rest of the numbers coming after it will be zeroes.
Using front end estimation:
$3.49 => $3.00
$3.42 => $3.00
$3.46 => $3.00
Add all these up; Shen estimated the total cost of the groceries would be $9.00.
Total number of marble = 10
3green
2red
5 blue
Probability that the first marble is red = 2/10
Probability that the second is blue = 5/9(a reduction in the total number of marbles, because after the first marble was picked it wasn't replaced)
Probability of 1st and 2nd being red and blue respectively = 2/10 × 5/9
=1/9....
Hope this helped...?
