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stira [4]
2 years ago
7

One year ago, you purchased 600 shares of stock for $14 a share. the stock pays $.41 a share in dividends each year. today, you

sold your shares for $15.30 a share. what is your total dollar return on this investment?
Mathematics
1 answer:
alukav5142 [94]2 years ago
5 0
If you paid $14 for 600, you paid:

600 * 14 = $8,400.00

If you sold them for $15.30 a share, you made:

600 * 15.30 = $9,180

9,180 - 8,400 = $780

The return on the investment being $780

Very very safe investment and not worth it.
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Solution :

The minimum distance from Earth to the Sun is 91.4 million miles

The maximum distance is 94.5 million miles

d_{min} = 91.4, d_{max} = 94.5

d=\frac{d_{min} + d_{max}}{2}

d=\frac{91.4 + 94.5}{2}

d=92.95

d_{sol}=\frac{d_{max} - d_{min}}{2}

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d_{sol} =1.55

Absolute Value Equation:

|x - d| = d_{sol}

|x - 92.95| = 1.55

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