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huckfin58021219
09.11.2020 •
Mathematics
The office manager of First Tech Support borrowed $25,000 to purchase new computers for employees. The bank charges 6 percent interest for 4 years. How much interest will the company pay in all?
$1,200
$1,500
$4,800
$6,000
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Ответ:
I'm not sure if this is correct
We are given that each share will receive a dividend equal to 56.25. In this problem, we should have been given the total number of shares that PRH has so that we can know the dividend. Anyway, the formula to calculate the dividend is:
Dividend = 56.25 * (Number of Shares)