The ratio 9/15 and 6/15 form a proportion
Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
Answer:
The answer is 3.65 x 10^3 power.
Step-by-step explanation:
In scientific notation, you need only the one's place, so 36.5 would not work. I hope this helps, I know this is a day late and you probably figured it out, but just in case you didn't, here is the answer :)
Answer:
d=13988 or d=1.3988 x 10^4
Step-by-step explanation:
d=(-8)^2+(-118)^2
d=64+13924
d=13988
Solve the absolute value equation.
First subtract 5 from both sides.
|x|+5=18
|x|=13
If the absolute value of x is 13 that x equals 13 and -13. Absolute value means distance from 0.
x=13,-13