Answer:
C.
Step-by-step explanation:
when you divide 2 fractions, you reverse the second fraction then use multiplication
3/5 divided by 3/15 becomes
3/5 x 15/3 = 45/15 = 3
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:
3 : 1
Step-by-step explanation:
ratio = teeth on front sprocket : teeth on rear sprocket
= 36 : 12 ( divide both parts of the ratio by 12 )
= 3 : 1 ← in simplest form
The average number of hours can be calculated using the following rule:
average number of hours = total number of hours / total number of weeks
total number of hours = 36 3/8 + 41 1/4 + 40 1/2 + 38 3/8 = 313/2 hours
total number of weeks = 4 weeks
Average number of hours per week = (313/2) / (4) = 39 1/8 hour
Based on the above calculations, the correct answer is:
C. 39 1/8 hour
