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23 November, 18:59

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?

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  1. 23 November, 19:10
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    153 shares x $7.14 = $1,092.42

    $1,092.42 x 6 = $6,554.52

    Answer: After 6 years Carmen has received $6,554.52 in dividends.
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