Answer:
Step-by-step explanation:
Based on the streams of income that Li Wei has, we can calculate that he has a total passive income of <u>$3,010.</u>
Passive income refers to income that is made without a person actively involving themselves in the activity generating the income.
In this scenario, the passive income sources are:
- Stock dividends
- Business investment interest
- Royalties from a novel
Total passive income therefore is:
= 530 + 1,080 + 1,400
= $3,010
In conclusion, the total passive income is $3,010.
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(or 0.5) divided by 8 is 0.0625
First you must set up the equation.
Then, divide 0.5 by 8
0.0625
Answer:
1. b
2. a
3. d
4. c
Step-by-step explanation:
