jackiethielman jackiethielman
  • 01-03-2022
  • Mathematics
contestada

a stock investment of 160 shares paid a dividend of $584 at this rate what dividend would be paid on 270 shares of stock

Respuesta :

LeCoolKid
LeCoolKid LeCoolKid
  • 01-03-2022

Answer:

4985.5

Step-by-step explanation:

To start, lets show what we know

160x = 584        where x is the amount paid per stock investment

Find: 270x

Now lets find x

160x = 584

160x/160 = 574/160

x = 3.65

270x = 270(3.65) = 985.5

Here, we have our answer of $985.5 for 270 shares of stock.

Feel free to ask me any questions you may have in the comments section! :D

Answer Link

Otras preguntas

Determine the derivative of f(x) = -5x+3x from first principles first Calculate​
There are 10 boys and 6 girls. How many ways are there to choose 8 people to get at most girls
(04.07 LC) Read and choose the correct option to complete the sentence. Felicia tenia en los pies.
What’s a good starter?
The scores of players on a golf team are shown in the table. The team’s combined score was 0. What was Travis’s score?
A retailer allowed 12% discount and sold a T- shirt at a loss of Rs 16. if he had sold it at 10% discount he would have gained Rs 20.for what price did he purch
The weight of an object on the moon is 1/6 of its weight on Earth. If a moon rock weighs 20.5 lb on Earth, how much did the moon rock weigh on the moon?
A certain polytomic ion contains 49 protons and 50 electrons. What's the net charge of this ion?
What is the structure of the middle ear?​
why is m3 is derived unit?​