(-3 7following is equivalent
__.
4
Answer:
None of these choices are correct.
Step-by-step explanation:
The quoted value of 99.875, means that this bond is sold at 99.875% of the face value and not at a price of $99.875.
Therefore, calculate price;
Price = 0.99875 * 1000
Price = $998.75
Since brokerage fees is 5.5% of the selling price, Leona will pay additional cost to the quoted price making the total cost to be more than $998.75;
Brokerage fees = (0.055*998.75) = $54.93
Total cost = $998.75 +$54.93
= $1053.68
Therefore, none of the choices is correct.
Answer:
20/3
Step-by-step explanation:
For this case we have that by definition, the equation of the line in the slope-intersection form is given by:

Where:
m: It is the slope of the line
b: It is the cut-off point with the y axis
We have the following points through which the line passes:

We find the slope of the line:

Thus, the equation of the line is of the form:

We substitute one of the points and find b:

Finally, the equation is:

Answer:

Answer:
• The function is a linear function
• The function changes at a constant rate
Step-by-step explanation:
A graph of the function shows it to be a straight line (linear function). Such a function always changes at a constant rate. The line goes downward to the right, so the function is a decreasing function.
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"changes at a constant rate" and "linear function" are two different ways of saying the same thing: the graph of the function is a straight line.