Find the annual income derived by investing $ 6800 in 10% stock at 136.

Find the annual income derived by investing $ 6800 in 10% stock at 136.

Answer/Solution

500

Steps/Work

By investing $ 136, income obtained = $ 10.
By investing $ 6800, income obtained = $ [(10/136)*6800] = $ 500.
Answer B.

Gain Calculator / Auto Solver

Find the annual income derived by investing $ in % stock at .

Calculated Answer

500

Step by Step Solution

In order to solve problem, you must evaluate (n₀ * n₁) / n₂.

n₀ =	6800
n₁ =	10
n₂ =	136

(n₀ * n₁) / n₂
Evaluate n₀ * n₁ = 68000
68000 / n₂
Evaluate 68000 / n₂ = 500
500
The answer to the problem and the result of (n₀ * n₁) / n₂ is 500