Robert Masterson bought 99 shares of stock Eddie price of $55 per share and $150 shares at $52 per share. The annual dividend per share was $1.27 what is Mastersons average annual yield

2.39%

Step-by-step explanation:

Given that

99 shares at $55 per share = $5445

150 share at $52 per share = $7800

Hence, total share cost => 5445 + 7800 => $13,245

Therefore, given that the average annual yield is the summation of all the income gotten on investment and dividing the amount by the number of years the money was invested.

With a $1.27 dividend per share, and a total share of 99 + 150 = 249 shares

=> 1.27 * 249 = $316.23

Hence, average annual yield = $316.23 ÷ 13,245

=> 0.0239

=> 2.39%

Therefore, Robert Mastersons' average annual yield is 2.39%

answer:

payment just for service  

→

$

87.12

payment for service including tax

→

$

94.09

explanation:

service only with 20% tip  

→

$

72.6

(

1

+

20

100

)

=

$

87.12

in the opening of the question the word 'service' is associated only with the pretax value.

the closing part of the question asks: how much did she pay for the  

service

−−−−−−  

so technically the answer is  

→

$

72.6

(

1

+

20

100

)

=

$

87.12

however, the intention of the question provider may have been that your answer is to be  

$

87.12

(

1

+

8

100

)

=

$

94.09

to 2 decimal places.

'

payment just for service  

→

$

87.12

payment for service including tax

→

$

94.09

tony b

mar 21, 2017

answer:

trying to explain it another way

explanation:

service charge  

.

→

$

72.60

20% tip  

20

100

×

$

72.60

=

$

14.52

−−−−−−  

←

add

$

87.12

tax  

8

100

×

$

87.12

=

$

6.97

−−−−−  

←

add

$

94.09

related questions

c

step-by-step explanation: