As a result of having increased from a price of $55 to $85, we can say that the stock value increased by<u> 54.55%</u>
The stock was valued at $55 then it increased to $85. First thing to do is to check how much it increased by in dollar terms:
<em>= New price - old price </em>
= 85 - 55
= $30
In percentage terms, this is:
<em>= Increase/ Old price x 100%</em>
= 30 / 55 x 100%
= 54.55%
In conclusion, the stock value increased by 54.55%
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<span>This best represents the test
marketing stage. During this stage, a new product is released on a small scale
to a small market. Changes are made and if it is successful in the small
market, then it is introduced on a larger scale. </span>
Like wow this is hard
the answer for sure is
"<span>concentration of media power"
</span>
Answer: a) $66,388.86
the total sum Earl will receive when he withdraws the money in his 65th birthday is $66,388.86
Explanation:
Given that;
Annuity = $150
r = 10%
Earl is 25years now
Earl plans to withdraw the money when he is 65
which mean Period N = ( 65 - 25 ) = 40
To find the future value, we use use the express
Future value = annuity × (((1+r)^n)-1)/r)
we substitute our values
Future Value = 150 × (((1 + 10/100)^40)-1)/10/100)
= 150 × (((1.10)^40)-1) / 0.01)
150 × ((45.2592 - 1)/0.1)
150 × 442.5924
Future Value = $66,388.86
therefore the total sum Earl will receive when he withdraws the money in his 65th birthday is $66,388.86
