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%
Answer:
About <em>4 hours.</em>
Step-by-step explanation:
To find the answer we will <em>add both percentages</em> of <u><em>Watching TV</em></u> and <u><em>Homework</em></u>. 8% + 13% = <em>21%</em>. Now we will <em>divide 100 by 21</em> and we get<em> 4 hours a day.</em>
The conclusion is valid
it is a systematic random sample
and the second one is a line graph (I think)
Answer:
380/week
Step-by-step explanation:
all u do is 1520 divide by 4 (bc he makes 1520 in 4 weeks) and that would equal 380 per week.
hoped that helped:P
Answer:
1/2
Step-by-step explanation:
