Three Times the Difference Between Five Times a Number and Three

question 47

Multiple Choice

Three times the difference between five times a number and three is ninety-six. Find the number.

• A) 6
• B) 11
• C) 7
• D) 4
• E) 19

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Definitions:

Record Date

The specified date on which a company determines the shareholders eligible to receive a dividend or distribution.

Ex-rights Date

The ex-rights date is the first trading day when the buyer of a stock is not entitled to receive a previously declared rights offering, often leading to a decrease in the stock's price.

Venture Capital

Venture capital is financing provided to startups and small businesses with strong growth potential by investors seeking high returns.

Investments

Assets or items that an individual or entity purchases with the expectation that it will generate income or appreciate in value over time.