Assume that the larger number is m and the smaller one is n.
the larger is 10 less than twice the smaller, this means that:
m = 2n-10
the sum of the two is 38, this means that:
m+n = 38
substitute by the first equation in the second one:
2n-10+n=38
3n=48
n= 16
substitute by n in the first equation:
m=2n-10=2(16)-10= 22
based on this,
the larger number is 22 while the smaller number is 16
Answer:
$20.84
Step-by-step explanation:
div 1 = $0.50
div 2 = $0.50
div 3 = $0.50 x 1.05 = $0.525
div 4 = $0.525 x 1.05 = $0.55125
years 5 and beyond we need to use the growing perpetuity formula:
stock price = [div 4 x (1 + g)] / (r - g) = ($0.55125 x 1.1) / (12% - 10%) = $30.32
now to determine the current value of the stocks we must calculate the present value of the future dividends and stock price:
stock price = $0.50/1.12 + $0.50/1.12² + $0.525/1.12³ + $0.55125/1.12⁴ + $30.32/1.12⁴ = $0.45 + $0.40 + $0.37 + $0.35 + $19.27 = $20.84
Answer:
x=56
Step-by-step explanation:
Answer:
Ella spent a total of $ 8.1.
Step-by-step explanation:
Since the price of the fabric is $3 for each yard bought and Ella yard had a length of 2.7 yards we can find the total amount spent by multiplying these two numbers. The calculations are shown below:
total spent = (price per yard)*(length in yards)
total spent = 3*2.7
total spent = $ 8.1
Ella spent a total of $ 8.1.