Answer:
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250 shares for $ 12 per share......250 * 12 = 3000
plus the 2% commission......3000(1.02) = 3060...so the commission is $ 60
she then sells her stock (250 shares) for $ 18 a share....
250 * 18 = 4500
plus the 1% commission....4500(1.01) = 4545...so the commission is $ 45
net proceeds is the amount received by the seller after all costs and expenses are deducted...
expenses : 3000 + 60 + 45 = 3105
revenue : 4500
net proceeds = 4500 - 3105 = $ 1395 <==
Domain: {-2, 4, 5}
Range {-6, 2, 3}
y=mx+b is the equation of a line;
m=slope , b= y-intercept
You can find the slope with this following equation: (y(2)-y(1))/(x(2)-x(1))
In this case the points are (0,4) and (-2,-3). The first set being (0,4) and the second (-2,-3). This means (0,4) can be expressed as (x(1),y(1)) and (-2,-3) expressed as (x(2),y(2)). Plugging these numbers into the slope equation gives us: (-3-4)/(-2-0) = -7/-2 = 7/2.
m= 7/2 ; so we have : y= (7/2)x+b
We are give a set of points which it passes through, we can simply plug them in:
4 = (7/2)(0)+b (0 is the x and 4 is the y)
We get 4 = 0 +b .... 4=b
our final equation is : y=(7/2)x+4
22,200
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