Step-by-step explanation:
If the price increases 3/4 per share, the new price of the stock =
6¾ + ¾ =
27 /4 + ¾ =
30 /4 =
15/2 or 7½
Set up a simple equation with S FOR SALLY AND A FOR ANNA LOOKS LIKE THIS A+(A+.1)=3.16
The possible values (L,W): (1,7),(2,6),(3,5),(5,3),(6,2),(7,1)
Answer:
w/3=4
w=12
Step-by-step explanation:
3 x 4 = 12
to undo division, you multiply.
Answer:
6.9%
Step-by-step explanation:
Interest rate is the one variable in an amortization formula that cannot be determined explicitly. An iterative solution is required, which means the computation must be done by a calculator, spreadsheet, or web site.
My TI-84 TVM Solver tells me that for the given loan amount and payment schedule, the APR is about 6.9%.