Answer:
B
Step-by-step explanation:
7/16 + 3/8 + Blank = 1
7/16 + 6/16 + 3/16 = 1
convert 3/8 to 6/16 then add 7+6 which = 13
that would be 13/16 then figure out that 13+3 =16 so 13/16+3/16= 16/16 or 1
The value of a would be 3.5, as a=1 when b=10 means that a is worth 1/10 of b's value.
Answer:
a. $45.86
b. $43.87
c. Percentage change = -4.40%)
Step-by-step explanation:
a. Let the price of share at the beginning of first year be represented with X
Now, Price of company's share dropped by 3.50% at the end of first year.
So, Price of share at the end of first year = x - 3.5% of x
= x - 0.035x
= 1x - 0.035x
= 0.965x
But it is equal to $44.25
=> 0.965x = 44.25
x = 44.25 / 0.965
x = 45.8549223
x = $45.86
b. During second year price of share decreased by $1.99. Therefore, Price of share at the end of second year = $45.86 - $1.99 = $43.87
c. Percentage change in the price of shares over two years = {(45.86 - 43.87)/45.86} *100
= (1.99/45.86)*100
= 0.04339294 * 100
= 4.40%
Now, as price of shares has dropped, the percentage change will be negative. (Δ% = -4.40%)