Stocks that pay little or no cash dividends but are attractive to investors because of expected stock price increases are known
1 answer:
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Answer: Total cost is $1.75
Explanation:
Since we have given that
Number of postcards bought by Doug's family= 7
Cost of each postcard including tax = $0.25
Total cost is given by
Now, we want to show this in number line :
On the number line put all the number with a difference of 0.25 and run the number line seven times and we get the answer.
Each step is of length 0.25 and there are 7 jumps to reach required answer.
So, after 7 jumps we reach at 1.75 which is the required answer.
Hence total cost is $1.75
