They charge fees so they can cover there costs and return value to shareholders
Answer:
y = -5/3 * x - 40/3
Step-by-step explanation:
A perpendicular line has an opposite and a reciprocal of the slope.
Your equation should be:
-5y = -3x +6
Divide all parts by -5.
y = 3/5x - 6/5
Since the perpendicular line has an opposite and a reciprocal of the slope, the slope will be -5/3.
Now you must make an equation in point-slope form. This is an example of that form. You will need at least one point to make this equation work. In this case we have (-8,0).
In put the y and x coordinates like this:
y - 0 = -5/3(x - (-8)
Start solving the equation.
y - 0 = -5/3(x + 8)
y - 0 = -5/3 * x - 40/3
y = -5/3 * x - 40/3
This is your equation.
y = -5/3 * x - 40/3
(You can make it -5/3x in your answer but it looks weird online. You may think that it is -5 divided by 3 times x, but it actually is 5/3 times x. That's why I wrote it as y = -5/3 * x - 40/3)
42 (1- 25/100) = 63/2 = 31.5 dollars
answer is $31.50
hope it helps
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