Answer:
4.8
Step-by-step explanation:
D should be the correct answer
60. Terese deposited $6 000 into a bank account that pay 2% every year
How much will she earn if for the first 4 years:
=> First Year 6 000 x 0.02
=> 120
=> 6 000 + 120 = 6 120
=> Second Year the money is 6 120
=> 6 120 * .02 = 122.4
=> 6 120 + 122.4
=> 6 242.4
=> For the third year the money is 6 242.4
=> 6 242.4 x 0.02 = 124.848
=> 6 242.4 + 124.848
=> 6 367.248
=> And for the 4th year
=> 6 367.248 * .02 = 127.34
=> 6 494.6
So his money will be 6 494.6 dollars.
Answer:
the yield is 7.68%
Step-by-step explanation:
The calculation of the yield is given below:
we know that
Yield is
= Annual dividend ÷ Price per share
= $4.15 ÷ $54
= 7.68%
Here we divide the annual dividend by the price per share in order to determine the yield
hence, the yield is 7.68%
And, the same would be considered
Make them have the same denominator.
1/2 + 1/3
=3/6 + 2/6
=5/6
