Answer: a2 + 152 = 362
Step-by-step explanation:
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%
I'm not all that familiar with that sort of representation, but I guess 3 3/4 = 15/4 and 2 1/6 = 13/6.
You will simply have to multiply the time spent walking, 13/6 hours, by the average distance traveled on an hourly basis, 15/4 km/h.
(13*15)/(4*6) = 195/24 = 8,125 km
Answer: x= -4 , y= 1
Step-by-step explanation: