Question

A deposit of 4,000 at 9.5% for 270 days

Answer 1

Chucks Computer Corporation has 10,000 shares of stock outstanding.

A. If it declares dividends of 12,000, what is the divided per share of stock?
B. what would you share of the declared dividend if your owned 50 shares?

Thanks for the help.

Answer 2

I = Po*r*t = 4000*(0.095/360)*270 = $285