A couple bought some stock for $30 per share that pays an annual dividend of $1.20 per share. After 2 years the price of the stock was $33. (a) What is the return on investment? (b) Find the simple interest

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Anzure asked Dec 21, 2023

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A couple bought some stock for $30 per share that pays an annual dividend of $1.20 per share. After 2 years the price of the stock was $33.

(a) What is the return on investment?

(b) Find the simple interest rate on the growth of their investment.

Mathematics
college

Anzure asked Dec 21, 2023

by Anzure

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Answer: 16%

Step-by-step explanation: When your finding the stock you have to find out the percentage of the how much it went up

Jiggunjer answered Dec 25, 2023

by Jiggunjer

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