The average price paid by him for the shares after 3 months is ksh. 163.33
<h3>Average</h3>
- Total value of shares bought = ksh.20,000
- Amount of shares bought in the first three months = ksh.120, ksh.160 and ksh.210
Average price paid for the shares after 3 months
= (120 + 160 + 210) / 3
= 490 / 3
= 163.333333333333
Approximately,
ksh. 163.33
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Answer:
step 2:do subtraction in the parentheses
Step 3: distribute
Step 4: add
Step-by-step explanation:
Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal ×
or, A = 50,000 ×
or, A = 50,000 ×
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $ = $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer
Answer:
2.4
Step-by-step explanation:
If you replace m with 7, the expression is now 7-4.6.
7-4.6=2.4
The value of the expression is 2.4.
-hope it helps