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3 years ago

13

Write the fraction 24/40 in its simplest form.

2 answers:

miv72 [106K]3 years ago

8 0

3/5 is answer ;) good luck buddy

olga55 [171]3 years ago

7 0

Answer:

3/5

Step-by-step explanation:

The numerator, 24, and the denominator, 40, both have a GCF(greatest common factor) of 8. By dividing both the numerator, 24, and the denominator, 40, by 8 you would be simplify the fraction. In which you'd get a numerator of 3 and a denominator of 5, which is 3/5 and the simplest form of 24/40.

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Read 2 more answers

Cortez, Inc., is expecting to pay out a dividend of $2.50 next year. After that it expects its dividend to grow at 7 percent for

tatiyna

Answer:

$10.76

Step-by-step explanation:

Present dividend, $D_{1}$ is $2.5

Expected dividends for the next 1, 2, 3 and 4 years denoted by $D_{2}$ , $D_{3}$ , $D_{4}$ , $D_{5}$ , respectively will be

$D_{2}$ =$2.5(1+0.07)=$2.675

$D_{3}$ =$2.675(1+0.07)=$2.86225

$D_{4}$ =$2.86225(1+0.07)=$3.0626075

$D_{5}$ =$3.0626075(1+0.07)=$3.276990025

Present value will be

$$2.5/(1.1)^{1} + $2.675/(1.1)^{2} + $2.86225/(1.1)^{3} + $3.0626075/(1.1)^{4} + $3.276990025/(1.1)^{5}$

$2.272727273 + $2.210743802 + $2.150450789 + $2.091802131 + $2.034752982 = $10.76047698

Rounded off to 2 decimal places we get $10.76

8 0

3 years ago