#6 is incorrect
it's 6 7/8
#7 is correct
Answer:
$343
Step-by-step explanation:
To get 30% of 490 we divide 30% by 1
30% ÷ 1 = 147
Now, we subtract 490 by 147
490 - 147 = 343
Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
Answer:put a pt on the y on -2 then go down 3 and 2 right put another pt
Then from first pt go up 3 and 2 left
Now you have 3 pts look at picture
Step-by-step explanation:
Answer:
Step-by-step explanation:
The answer is 1092m
