Where is Yoda in the fourth movie what is that green place called??
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The number of shares could he buy is 63.19 and 126.38. Then the profit gained by Bob is $764.68.
<h3>What is the profit gained by Bob?</h3>
Bob Orleans invested $3,000 and borrowed $3,000 to purchase shares in Verizon Communications.
At the time of his investment, Verizon was selling for $47 a share.
If Bob paid a $30 commission, then the number of shares could he buy if he used only his own money and did not use margin.
If Bob paid a $60 commission, then the number of shares could he buy if he used his $3,000 and borrowed $3,000 on margin to buy Verizon stock will be
Assume Bob did use margin and paid a $60 total commission to buy his Verizon stock. Also, assume he paid another $60 to sell his stock and sold the stock for $54 a share. Then the profit will be
More about the profit link is given below.
#SPJ1
I'm not 100% sure how to do this, but it would help if you had any notes/online notes/textbook that shows how to do it (also to see if what I did is the same as the notes)
4. B<u>reak-even point</u> (It's basically the intersection point. Or the point when the two lines meet/the point that is the same for both equations)
I plugged in numbers for x into both equations, until C and R were the same number.
I had x = 1, so I plugged in 1 for x into both equations:
C = 15x + 150 C = 15(1) + 150 = 15 + 150 = 165
R = 45x R = 45(1) = 45
Then I had x = 2, then x = 3, and so on until C and R were the same number (meaning they had the same point), which was (5, 225)
Idk how you are suppose to check the solution because there are multiple ways to do this. I doubt this, but one option is plugging (5, 225) back into the equations:
C = 15x + 150 R = 45x
225 = 15(5) + 150 225 = 45(5)
225 = 75 + 150 225 = 225
225 = 225
5. (I made another sort of table? because I didn't know what kind you were suppose to use) Do the same as #4, and plug in numbers for x until C and R were the same number
6. Do the same as #4 (If you have any questions or information I should know then let me know)
7. y = mx + b
"m" is the slope, "b" is the y-intercept [the y value when x = 0 (0, y)]
The y-intercepts are -2 and 13, so the graph is B. Now you need to estimate the solution(point of intersection) by looking at the graph. It looks around (6,7).
Now you need to check the solution by plugging the point into both equations.
y = 1.5x - 2
7 = 1.5(6) - 2
7 = 9 - 2
7 = 7
y = -x + 13
7 = -6 + 13
7 = 7 The point is the solution
8. The graph is A. Do the same as #7 and estimate a point. I will say around (2.5,6.5) And check this by plugging the point into both equations
y = x + 4
6.5 = 2.5 + 4
6.5 = 6.5
y = 3x - 1
6.5 = 3(2.5) - 1
6.5 = 7.5 - 1
6.5 = 6.5 The point is the solution
9. Graph C, do the same as #7 and #8
10. y = mx + b
"b" is (0,b) or (0,y)
"m" is the slope
(
Rise is the number of units you go up(+) or down(-)
Run is the number of units you go to the right)
You need to graph the lines of each equation, and find the point of intersection.
11-15. Do the same as #10
If "y" is not by itself, get it by itself.
#13:
x + y = 27 Subtract x on both sides to get "y" by itself
y = 27 - x
