Stock in chambers translation cost $18.89 per share when anthony bought it. he earns $410.40 per year from his 360 shares in chambers translation. what is the percent yield on anthony’s stock? a. 6.03% b. 2.17% c. 0.0603% d. 0.0217%

The correct option is A.

Step-by-step explanation:

Number of shares is 360. Total earnings from 360 shares is $410.40. Chambers Translation cost $18.89 per share when Anthony bought it.

Total cost of 360 shares is,

Yield on authority stock is

Therefore option A is correct.

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.