Use the formula A = p( 1 + x)^n.
A = 1831.84(1 + 0.14)^6
You can finish.
The answer your looking for well be A
To find the he dividend per share of stock,we can divide the dividends by the total amount of
share:
120000÷40000
=$3
If Tim Worker owns 45 shares of stock, his share of the declared dividends would be:
3×45
=$135
Hope it helps!