Answer:
After 50 years the stock value will be $50 per share.
Step-by-step explanation:
Simple Interest Equation (Principal + Interest)
A = P(1 + rt)
Where:
A = Future amont = $50
P = Principal Amount = $40
r = Rate of Interest per year in decimal; r = R/100 = 0.5/100 = 0.005
t = Time Period involved in months or years
Plug in the values
50 = 40(1 + 0.005t)
50 / 40 = (1 + 0.005t)
5/4 = 1 + 0.005t
5/4 - 1 = 0.005t
0.25 = 0.005t
t = 0.25 / 0.005
t = 50 years
The answer is D) 3,404
By putting the table values into the progam DESMOS, and then putting in the formula, the answer will be given- and that answer is 3,404.
Answer:
D
Step-by-step explanation:
The answer is 6
Answer:
80
Step-by-step explanation:
The Two-Tangent Theorem states that if two tangent segments are drawn to one circle from the same external point, then they are congruent
13+13+9+9+12+12+6+6= 80
Amount of FICA to be paid
($14.25 x 40) x (7.65/100) = $43.61
