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juin [17]
3 years ago
11

Candace is considering purchasing a common stock that pays an annual dividend of $3.42 per share. If she purchases 400 shares fo

r $53.18 per share, what would her annual income be from dividends?
Mathematics
1 answer:
Ymorist [56]3 years ago
8 0

Answer:

$1368

Step-by-step explanation:

Income from dividends = price per share x number of dividends purchased

$3.42 x 400 = $1368

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3 years ago
Your parents have a realized income of $1,046.78/every 2 weeks. How much should the monthly housing expense budget be to stay wi
IgorLugansk [536]

Answer with explanation:

Income earned by my parents in every two weeks = $ 1046.78

In two weeks there are 14 days, so income earned by my parents in 1 day

              =\frac{1046.78}{14}\\\\74.77

Income of my parents after a month, if there are 30 days in a month = $74.77 × 30= $ 2243.10

We, will use ,\frac{28}{36} rule here , which states that , 28% of monthly income of my parents, should be used for  monthly housing expenses ,and 36% of gross monthly income should be used for debt purposes.

28% of $2243.78

=\frac{28}{100}*2243.78\\\\=\frac{62825.84}{100}\\\\=628.2584

= $ 628.26 (Approx)

So,my parents, monthly housing expense should not exceed ≥ $ 628.26  

8 0
3 years ago
Ryan is selling his collection of Nike Air Jordans. He paid a total of $1720 for the 12 sneakers when they were new. When he goe
timofeeve [1]

Answer:

$1035

Step-by-step explanation:

50% of 1720 = 860

the fixed amount for the sneakers is $175

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7 0
3 years ago
Find the derivative of g(t)=t2+5t at t=7 algebraically.
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The power rule applies to each term.

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... g'(t) = 2t +5

... g'(7) = 2·7 +5 = 19

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4 years ago
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