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 first equation is $3 times 9 = $27 the next equation iis $1 times 2 = $1
So you do 9 transactions over $100 and 2 transactions of $100 or lower.
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Find the duration
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Time : 9:00am to 10:15am
Duration: 1hour 15 mins or 1.25hours
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Find difference in distance travelled between the two cyclists.
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Difference in speed = 6km/h
1 hour = 6 km
1.25 hours = 7.5km
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Find the distance the cyclist traveled
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42.5 - 7.5 = 35km
35km ÷ 2 = 17.5km
The slower cyclist traveled 17.5 km in the 1.25 hours
17.5 + 7.5 = 25 km
The faster cyclist traveled 25km in the 1.25 hours
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Find the speed of the slower cyclist
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1.25 hour = 17.5 km
1 hour = 17.25 ÷ 1.25
1 hour = 14km
The cyclist was traveling at 14km/h
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Find the speed of the faster cyclist
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1.25 hour = 25km
1 hour = 25 ÷ 1.25
1hour = 20 km
The cyclist was traveling at 20km/hour
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Answer: The speed were 14km/h and 20 km/h
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Answer:a) 870
b) 435
Step-by-step explanation:
a)
number of photos to be posted =n = 30
number of web pages on which they would be posted is 2
Since the order in which the photos appear on the web pages matters,
Number of ways = 30 permutation 2
=870 ways
b)
Since the order in which the photos appear on the web pages does not matter,
Number of ways = 30 combination 2
= 435 ways