Answer:
Five years ago, Benjamin invested in Parchar Special Effects. He purchased four par value $1,000 bonds from Parchar Special Effects at a market rate of 96.230. Each bond had an interest rate of 7.2%. Benjamin also purchased 200 shares of stock in the same company, each of which cost $19.08 and had a yearly dividend of $2.04. Today, bonds from Parchar Special Effects have a market rate of 104.595, and stock in Parchar Special Effects costs $22.62. If Benjamin liquidates his portfolio and sells all of his investments, which aspect of his investment will have yielded him a greater total profit, and how much greater is it?
- Step-by-step explanation:
I think this a linear function. The graph has a constant flow of going up. In other words, it is linear.
The square root of .25 is rational because it is a terminating decimal.
√(.25)=05
Based on the information about the percentage, the commission that will be paid will be $3050.
<h3>How to solve percentage</h3>
From the information given, it was stated that there's a 10 percent on first $5,000 and 15% over $5,000.
The total graduate commission on $22,000 will be:
= (10% × $5000) + (15% × $17000)
= (0.1 × $5000) + (0.15 × $17000)
= $500 + $2550
= $3050
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