Simple interest formula:
Total = principal x (1 + rate x years)
10 years:
Total = 15,000(1+0.04x10)
Total = $21,000
8 years:
Total = 15000(1+0.04x8)
Total = $19,800
Savings = 21,000 - 19,800 = $1,200
The answers are:
A) V-Shaped (because absolute value graphs are v-shaped)
C) Opens up (because the leading coefficient is positive)
F) Symmetric with respect to the y-axis (if you look at the graph y= |x|, you see that the y-axis cuts through the middle of the "v-shape", and that it is symmetric)
Answer: $5175.75
Step-by-step explanation:
The amount that is paid in total to buy the stock will be gotten through the addition of the cost of the shares and the commission paid. This will be:
= (200 × $25.75) + $25.75
= $5150 + $25.75
= $5175.75
Therefore, the total amount that is paid to buy the stock will be $5175.75.
Sorry but I don't see any questions