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%)
Answer:
x=2.9
Step-by-step explanation:
3(3x+9)= -5-2x ( distribute)
9x+27= -5-2x (add 2x) (subtract 27)
11x= 32 ( divide by 11)
x= 2.9
Answer:
yes; 1.25
Step-by-step explanation:
The length to width ratios of the rectangles are ...
A: 12/8 = 1.5
B: 15/10 = 1.5
C: 30/15 = 2.0
__
Rectangles A and B have the same aspect ratio, so are similar. Rectangle B is a scaled copy of A with a scale factor of 10/8 = 1.25.
The answer to ur question is 0.396
2.2% * 18 = 0.396
Answer:
Part 1) 
Part 2) 
Step-by-step explanation:
Part 1)
<u><em>Find the distance from B to E</em></u>
To solve this problem I assume that CGRP is a parallelogram
so
Triangles CGB and PEB are similar by AA Similarity Theorem
Remember that
If two figures are similar, then the ratio of its corresponding sides is proportional and its corresponding angles are congruent
so
substitute the values
solve for BE
Convert to mixed number
Part 2)
<u><em>Find the distance from P to E</em></u>
substitute the values
solve for PE
Convert to mixed number
