Question

Logistics Corporation recently paid a dividend per share of $5. The company's dividend grows at a constant rate of 8% annually. Based on this information. What is the dividend in 6 years? Dt=𝐷𝑜 ∗ 〖(1+𝑔)〗^𝑡

229

likes

1144 views

Answer to a math question Logistics Corporation recently paid a dividend per share of $5. The company's dividend grows at a constant rate of 8% annually. Based on this information. What is the dividend in 6 years? Dt=𝐷𝑜 ∗ 〖(1+𝑔)〗^𝑡

$Expert avatar$

Gene

4.5

108 Answers

1. Given:

- Current dividend,

D_o = 5

- Growth rate,

g = 0.08

- Time period,

t = 6

2. Formula for future dividend:

D_t = D_o * (1 + g)^t

3. Substitute the given values:

D_t = 5 * (1 + 0.08)^6

4. Calculate the growth factor:

(1 + 0.08)^6

5. Find the growth factor value:

(1.08)^6 \approx 1.5868743221

6. Calculate the future dividend:

D_t=5*1.5868743221\approx7.93437

7. Round to two decimal places:

D_t \approx 7.93

Final answer:

7.93

Frequently asked questions (FAQs)

Question: In triangle ABC, the angle bisector of ∠BAC intersects side BC at point D. If ∠CAD measures 45 degrees, find the measure of ∠BAC.

What is the result when multiplying a number raised to the power of 4, dividing it by the same number raised to the power of 2, and then subtracting the number raised to the power of 3?

What is the speed, in meters per second, if a car travels a distance of 250 meters in a time of 5 seconds?

New questions in Mathematics

a to the power of 2 minus 16 over a plus 4, what is the result?

Using a remarkable product you must factor the expression: f(x) =36x^2-324 and you are entitled to 5 steps

I want to divide R$ 2200.00 between Antônio, Beto and Cássia, so that Beto receives half from Antônio and Cássia receives a third of Beto. Under these conditions, how much more will Beto receive than Cássia?

The sum of an infinite geometric series is 13,5 The sum of the same series, calculated from the third term is 1,5. Q. Calculate r if r>0.

QUESTION l. An investigation has been carried out in a region to know the perception of "citizen insecurity" of its inhabitants. 1,270 people in the region were interviewed, of which 27.1% responded that it was a "serious" problem. Knowing that this opinion was previously held by 25.3% of the population of that region, we want to know if said opinion has changed significantly for a confidence level of 97.2%. Taking this statement into account, the following is requested: a) Critical value of the contrast statistic. b) Solve the hypothesis test and indicate what conclusion we can reach. c) P-value of contrast.

what is 456456446+24566457

A drawer contains three pairs of white socks, five pairs of black socks and two pairs of red socks. Caden randomly selects two pairs of socks on his way to the gym. What is the probability that both pairs of socks are black?

We have spent 1/4 of the inheritance on taxes and 3/5 of the rest on buying a house. If the inheritance was a total of €150,000 How much money do we have left?

Find the sum of the first 41 terms of the progression that begins: 32, 24, 16, …

solve for x 50x+ 120 (176-x)= 17340

Prove that it is not possible to arrange the integers 1 to 240 in a table with 15 rows and 16 columns in such a way that the sum of the numbers in each of the columns is the same.

Which of the methods below can be used to workout 95% of an amount? a. Dividing the amount 100 and multiply by 95 b. Working out 5% of the amount and taking it away from the full amount c. Dividing 95 by 100 and multiplying the answer by the amount d. Dividing the amount by 95 and then multiply by 100

Using the bank and exact method, calculate the interest on capital 10000 at 12% annual nominal interest rate for the period from 15.3. 2016 until 10/10/2016

In a company dedicated to packaging beer in 750 mL containers, a normal distribution is handled in its packaging process, which registers an average of 745 mL and a standard deviation of 8 mL. Determine: a) The probability that a randomly selected container exceeds 765 mL of beer b) The probability that the beer content of a randomly selected container is between 735 and 755 mL.

Jasminder has made 55% of the recipes in a particular cookbook. If there are 9 recipes that he has never made, how many recipes does the cookbook contain?

The business college computing center wants to determine the proportion of business students who have personal computers (PC's) at home. If the proportion is greater than 35%, then the lab will modify a proposed enlargement of its facilities. Suppose a hypothesis test is conducted and the test statistic is z= 2.6. Find the P-value for this test.

We have received our p&l statement back from accounts. The board has asked for an innovation hub. What items should we prioritise reviewing to decide if we can afford an innovation hub?

Pablo has a balance of $440,000 and 2/5 of the money is used to pay bills. How much money do you have left after paying the bills?

Triangle ABC has AB=AC and angle BAC =X, with X being less than 60 degrees. Point D lies on AB such that CB = CD Point E lies on AC such that CE= DE Determine angle DEC in terms of X

Exercise The temperature T in degrees Celsius of a chemical reaction is given as a function of time t, expressed in minutes, by the function defined on ¿ by: T (t )=(20 t +10)e−0.5t. 1) What is the initial temperature? 2) Show that T' (t )=(−10 t +15)e−0 .5t. 3) Study the sign of T' (t ), then draw up the table of variations of T . We do not ask for the limit of T in +∞. 4) What is the maximum temperature reached by the reaction chemical. We will give an approximate value to within 10−2. 5) After how long does the temperature T go back down to its initial value? We will give an approximate value of this time in minutes and seconds. DM 2: study of a function Exercise The temperature T in degrees Celsius of a chemical reaction is given as a function of time t, expressed in minutes, by the function defined on ¿ by: T (t )=(20 t +10)e−0.5t. 1) What is the initial temperature? 2) Show that T' (t )=(−10 t +15)e−0.5 t. 3) Study the sign of T' (t ), then draw up the table of variations of T . We do not ask for the limit of T in +∞. 4) What is the maximum temperature reached by the reaction chemical. We will give an approximate value to within 10−2. 5) After how long does the temperature T go back down to its initial value? We will give an approximate value of this time in minutes and seconds.

Logistics Corporation recently paid a dividend per share of $5. The company's dividend grows at a constant rate of 8% annually. Based on this information. What is the dividend in 6 years? Dt=𝐷𝑜 ∗ 〖(1+𝑔)〗^𝑡

Answer to a math question Logistics Corporation recently paid a dividend per share of $5. The company's dividend grows at a constant rate of 8% annually. Based on this information. What is the dividend in 6 years? Dt=𝐷𝑜 ∗ 〖(1+𝑔)〗^𝑡

You might be interested in