Answer:
the answer is 4%
Step-by-step explanation:
585/12=48.75
50.81-48.74=2.06
now 2.06 that's the money from interest rate
so now 2.06/50.81=0.04
so the answer is 4%
Answer:
Both are correct!
Step-by-step explanation:
if R = 26 - 17 = 9
now the next one
17 + R = 26
Same thing as R = 26 - 17 = 9
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Step-by-step explanation:
yeah she be correct 2.1
Option C: 600 shares worth $16.67 each is the correct answer
Step-by-step explanation:
In the share market, a 2 to 3 split(mentioned in the question) means that the share holders get one half of already owned shares and the price of each share declines by one-third.
Given
Jim's shares = s = 400
Price per share =p = $25
First of all we will calculate the new shares:
Let sn be the number of new shares
As explained above

Now the news price will be:

The new number of shares will be 600 and the price of each share will be: $16.67
Hence,
Option C: 600 shares worth $16.67 each is the correct answer
Keywords: Shares, 2-to-3 split
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