Answer:
Hence the the value of stock after three years worth $734.44
Step-by-step explanation:
According to question ,
Jolene bought three years ago, stock in a company worth = $550
The value has been increase after three year at rate of = 10.12 %
So,
The value after three years can be written as
Final value = initial value 
Or, Final value = $550 
Or, Final value = $550 (1.102)³
Or, Final value = $550 × 1335
I.e final value = $734.44
Hence the the value of stock after three years worth $734.44 Answer
0.05 = 5% = 5/100
Simplify 5/100 and you get 1/20.
Hope this helps & good luck. :)
Answer:
$9.60
Step-by-step explanation:
0.40(6/0.25)
0.40(24)
9.6
I really don’t know the answer to this question yet but ima get back to you on it.