In the previous problem, suppose you want only $500 total in dividends the first year. What will

Question:

In the previous problem, suppose you want only $500 total in dividends the first year. What will your homemade dividend be in two years?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...