Step-by-step explanation:
50% interest annually.
that means he gets 50% interest of the invested capital every year.
and that means he gets 50% of $70 in one year.
70 = 100%
1% = 100%/100 = 70/100 = $0.70
50% = 1%×50 = 0.7 × 50 = $35
he will earn $35 interest in one year.
as you noticed: 50% simply means 1/2 (as 100% stands for the whole).
I am still learning, and am most likely incorrect.
I believe you remove the 3's since their not needed, and do this:
2x = 4x + 6 - (2x)
so then just ignore "x" and do this:
2 = 4 + 6 - 2
2 = 10 - 2
2 = 8
x = 8
Answer:
Ella has the greatest return in the current year.
Step-by-step explanation:
Debby would receive $0.80 for each of her 2000 common stock in the oil company,hence Debby's return on investment in the current year is $1600($0.80*2000)
Besides,Ella's return on the stock investment in the current year is computed thus:
Ella's return= 5%*1000*$50=$2,500
In addition,Unique's dollar return on the investment is computed as follows:
Unique's return on investment=4%*2000*$20=$1,600
From the above computations,Ella seems to have the highest return in the current year of $2,500 whereas the two others managed to have $1600 return each
Answer:
448 is the answer to 16y2 – 64.