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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Answer:
IF THE question is After Fathi prints, what will be the balance in his printing account?
then it is: $1.9
There are 47 pages.
Printing on both sides would divide the number of pages into half.
47/2 = 23.5
2 pages on each side would mean 4 pages on one sheet. Therefore, the number of pages will be further divided by 2.
23.5/2 = 11.75
There cannot be 11.75 pages so we will round it up to 12 pages.
Each page costs $0.25 so 12 pages will cost:
12 x 0.25 = $3
Faithi has $1.1 so new account balance will be:
1.1 - 3 = $-1.9
Therefore, Fathi's balance in his printing account would be negative $1.9.
