(X)+(X+1)=24
"consecutive" means right after the other, so, if the first one is (X), the second integer <u>must be</u> (X+1). The answer 24 is given so you just have to solve the equation.
2X+1=24
2X=23
X=11.5
Answer:
0.8(Decimal Form) and 80%(Percent Form)
Step-by-step explanation:
Answer:
Expected rate of return =7.1% (Approx.)
Step-by-step explanation:
Given:
Current stock price = $50
Divided d = $2
Growth rate g = 5 %
Find:
Expected rate of return
Computation:
Expected rate of return = D(1+g)/Current Price + g
Expected rate of return = [2(1+5%)/50] + 5%
Expected rate of return =7.1% (Approx.)
