Find the Quantity Requested

question 87

Multiple Choice

Find the quantity requested. Round to the nearest whole number.
-A total of 280 seats were apportioned to 43 states in a certain country which has a total population of 24,853,749. Find the average number of seats assigned per state.

• A)577,994
• B)9
• C)7
• D)88,763

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Definitions:

Rate Of Return

The enhancement or decline in financial value of an investment over a certain course, characterized as a percentage of the investment's initial outlay.

Annual Dividend

The total dividend payment a shareholder receives from a stock or investment in a year, expressed on a per-share basis.

Market Value

The instant price at which transactions for a service or asset can be made.

Required Return

The minimum yearly interest rate that entices both individuals and companies to invest in a specific security or endeavor.