A) The average market price is (12 + 8 + 10 + 13 + 14 + 8) / 6 = $10.83
b)
The total amount spent was: 12*8 + 8*12 + 10*10 + 13*7 + 14*7 + 8*12 =
$577. The total number of shares was: 8 + 12 + 10 + 7 + 7 + 12 = 56.
Therefore the average price per share was $577 / 56 shares =
$10.30/share.
c) Since the cost per share in June was $12, and her average cost was $10.30, dollar-cost averaging worked in her favor since her average cost was lower.
3x - 4y = 8
y = mx + b ; m is the slope ; b is the y-intercept
-4y = -3x + 8
y = -3x/-4 + 8/-4
<u>y = 3/4 x - 2</u>
Need to check if the given choices have the same slope.
3x + 4y = -8
4y = -3x - 8
y = -3/4 x - 8/4 = -3/4 x - 2
6x - 8y = 12
-8y = -6x + 12
y = -6/-8 x + 12/-8
y = 3/4 x - 1 1/2
9x - 12y = 24 This equation would cause a consistent-dependent system
-12y = -9x + 24
y = -9/-12 x + 24/-12
<u>y = 3/4 x - 2</u>
16x + 12y = -10
12y = -16x - 10
y = -16/12 x - 10/12
y = -1 1/3 x - 5/6
15x + 28y = 116
x + y = 6
that would be ur system of equations
