Question

I'm new to openstudy! Not really sure how this works but I seriously need some help with math! PLEASE!

Answer 1

\(\bf\huge~~~~\color{#ff0000}{W}\color{#ff2000}{e}\color{#ff4000}{l}\color{#ff5f00}{c}\color{#ff7f00}{o}\color{#ffaa00}{m}\color{#ffd400}{e}~\color{#bfff00}{t}\color{#80ff00}{o}~\color{#00ff00}{O}\color{#00ff40}{p}\color{#00ff80}{e}\color{#00ffbf}{n}\color{#00ffff}{S}\color{#00aaff}{t}\color{#0055ff}{u}\color{#0000ff}{d}\color{#2300ff}{y}\color{#4600ff}{!}\color{#6800ff}{!}\color{#8b00ff}{!}\\\bf ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Made~by~TheSmartOne\)

Hey there!!! Since you are new here, read this legendary tutorial for new OpenStudiers!! http://goo.gl/5pp1u0

@tiny.blob

Posting your question can get you help faster :)

Answer 2

When he was 35, Mr. Ramos bought 300 shares of stock for $56 per share in a well-established company. He received annual dividends in the amount of $1.25 per share. Upon retiring at age 65, he sold his shares at a price of $68 per share. What was Mr.Ramos' return on investment?

Answer 3

Can you help me? @TheSmartOne

Answer 4

300 - 1.25 -56-65

Answer 5

177.75 ? @is3535

Answer 6

So he bought 300 stocks for $56 each.

So

\(\sf 300 \times 56=?\)

That is his investment.

Answer 7

16,800

Answer 8

so your answer is 177.75

Answer 9

And per each stock he gets $1.25 per year And so 65 - 35 is 30 years so:

So
what is

\(\sf 300 \times 1.25 \times 30 =?\)

Answer 10

I doubt that is the answer, and it is that simple @is3535

Answer 11

300*1.25*30= 11,250

Answer 12

And then he sold his 300 shares each for $68 so

what is

\(\sf 300 \times 68=?\))

Answer 13

Ignore that parenthesis, it's a typo :P

Answer 14

so im wrong

Answer 15

20,400

Answer 16

So his investment was

\(\bf $16,800\)

And he got back from this investment:

\(\bf $11,250+ $20,400\)

What is that equal to ^^

Answer 17

$31,650?

Answer 18

Correct.

And now to find his return on invstement, we just subtract how much he made off of his investment by how much he invsted.

So:

\(\bf $31,650 - 16,800=?\)

Answer 19

14,850

Answer 20

And that is your final answer :)

\(\Huge\bf\boxed{14,850}\)

Answer 21

Thank you so much!

Answer 22

Anytime :D :D :D

Answer 23

do you have Mr. Ramos for your math teacher???

Answer 24

No

Answer 25

oh. well i have a teacher named mr ramos lol