Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
The function of the relationship above is y=5x+4
Answer:
Plot these points:(-2,-7) (-1,-5) (0,-3) (1,-1) (2,1) (3,3) (4,5)
Step-by-step explanation:
You need to substitute your x values into the x of the equation y=2(3)-3 to find the y value...
Answer:
C
Step-by-step explanation:
Given
+ 
← factor the denominator of first fraction
= 
+
Multiply the numerator/ denominator of second fraction by (x + 2)
= + 
The denominators are now common, so add the numerators leaving the denominator, that is
= 
= 
→ with numerator 4x + 6 → C
The answer to this question is ....... a) 11
