The last option: In his recursive formula, he should have the term an−1 instead of −4 to get an=an−1−3.
Answer:
- $855,000
- Dividend per share of common stock = $1.06
Step-by-step explanation:
1. Preferred Share dividends.
There are 300,000 preference shares and each of them got $2.85. Total dividends are;
= 300,000 * 2.85
= $855,000
2. Total dividends = $3,500,000
Dividends left for Common Shareholders (preference gets paid first)
= 3,500,000 - 855,000
= $2,645,000
Common shares number 2,500,000
Dividend per share of common stock = 
= $1.06
She has $9.90 saved, she needs $35.10 more to buy the gift
Answer:
x=1.75 hour
Step-by-step explanation:
200km=2.5
140km=x
2.5 * 140=200x
350=200x
x=350/200
x=1.75
the time it will take is x=1.75 hour
Answer:
D
Step-by-step explanation:
We want to find:

Distribute:

Distribute:

Rearrange:

Combine like terms:

The answer is D.