Answer:
After 12 years the investment will be worth $5145.
Step-by-step explanation:
The formula used for compounded interest is:
A = P(1+r/n)^nt
where,
A = future value
P = Principal Amount
r = interest rate
n = no of times interest is compounded
t = time
In the question given:
A=?
P = $2100
r = 7.75% or 0.0775
n = 1
t= 12
A= 2100*(1+0.0775/1)^1*12
A= 2100 *(1+0.0775)^12
A= 2100 *(1.0775)^12
A= 2100 * 2.45
A= 5145
So, after 12 years the investment will be worth $5145.
The denominator in the earnings per share formula is number of common shares outstanding.
What is the denominator used in the computation of earnings per share?
- The weighted average of the outstanding shares of common stock serves as the numerator of the earnings per share.
- The "per share" part necessitates further computation when the number of common shares changes in the middle of the year.
- The weighting of the per share part depends on how long each share number has been in circulation.
How are basic earnings per share determined?
- Basic EPS is calculated by dividing net income by the weighted average of the common shares outstanding for the relevant period.
- Preferred dividends should be removed from the net income because they are not available to common stockholders.
- Net income can also be broken down into "continuing operations" P&L and "total P&L".
Learn more about Basic EPS
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Exponent rules : (a^m)^n = a^(mn) and a^0 = 1
(4^9)^5 * 4^0 =
4^45 * 1 =
4^45 <==
The value of P - Q as described in the question above is; P -Q = 2.
According to the question;
- P = number of primes less than 100
- Q = number of primes less than 90
Since, we are required to determine what the value of P-Q is;
The value of P-Q is simply the number of primes between 90 and 100.
The prime numbers between 90 and 100 are; 91 and 97.
Therefore, P - Q = 2.
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