Asked by julie
Carmen buys 153 shares of Cawh Consolidated Banks, each of which pays a constant yearly dividend of $7.14. After six years, how much has Carmen received in dividends?
a.
$5,783.40
b.
$1,820.70
c.
$1,092.42
d.
$6,554.52
All Answers 1
Answered by
GPT-5 mini
AI
Each year Carmen gets 153 × \$7.14 = \$1,092.42. Over 6 years she receives 6 × \$1,092.42 = \$6,554.52.
Answer: d. $6,554.52
Answer: d. $6,554.52
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