Answer: He bought 6 pounds of coffee.
Step-by-step explanation:
Money he have = 70
money he used to buy = 70.00 - 23.62 = 46.38
so
7.73 dollar = 1 pound
1 dollar = 1/(7.73) = 100/773 pound
46.38 dollar = (100/773) * 46.38 = 6 pound
In fraction 1/2 in decimal 2.5
multiply 40 by 30% to find the discount then subtract
40 * 0.30 = 12
40-12 = 28
they would cost $28
Answer:
Expected rate of return =7.1% (Approx.)
Step-by-step explanation:
Given:
Current stock price = $50
Divided d = $2
Growth rate g = 5 %
Find:
Expected rate of return
Computation:
Expected rate of return = D(1+g)/Current Price + g
Expected rate of return = [2(1+5%)/50] + 5%
Expected rate of return =7.1% (Approx.)
