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when he was 35 mr .ramos bought 300 shares of stock for $5 per share in a well-established company he received annual divdends in the amount of $1.25 per share.upon retiring at the age of 65 he sold his shares at a price of $68 per share. what was mr.Ramos return on investment.?
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@kropot72
@nincompoop
300 * 5 = 1500 30 * 300 * 1.25 = 300 *68 =
Answer the rest of his formula and I or him will help you :)
is it 20944?? @nevermind_justschool @Ziferot
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i don't know))) what did you do?
I multiplied 300x68
you must do everything of those)
300 * 5 = 1500 30 * 300 * 1.25 = 300 *68 =
300 *68 + 30 * 300 * 1.25 - 300 * 5=
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i got 38304750
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