Answer:
After 50 years the stock value will be $50 per share.
Step-by-step explanation:
Simple Interest Equation (Principal + Interest)
A = P(1 + rt)
Where:
A = Future amont = $50
P = Principal Amount = $40
r = Rate of Interest per year in decimal; r = R/100 = 0.5/100 = 0.005
t = Time Period involved in months or years
Plug in the values
50 = 40(1 + 0.005t)
50 / 40 = (1 + 0.005t)
5/4 = 1 + 0.005t
5/4 - 1 = 0.005t
0.25 = 0.005t
t = 0.25 / 0.005
t = 50 years
i believe it is 1/3. but check other sources as well.
Answer:
hi im going to work on this i wiil comment answer in a minute
Step-by-step explanation:
Answer:
$200
Step-by-step explanation:
2.5 % commission on sales
he sold 8000
his commission will be sales * 2.5%
commission = 8000 * .025
= 200
Answer:
1/3 (one-third)
Step-by-step explanation:
A scale factor that produces an image <u>smaller</u> than the original figure is <u>less</u> than 1. A scale factor that produces an image <u>bigger</u> than the original figure is <u>more</u> than 1.
Thus, the only option that's less than 1 is one-third.