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avanturin [10]
4 years ago
5

One question i need help ASAP thanks guys :-)

Mathematics
1 answer:
krek1111 [17]4 years ago
6 0

y-5=3x-6

standard form y=3x-1

i am sorry about first

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Live Fund are selling their holding at $5,000 per share. How much would Live Fun receive if they sold half thier holding in Mark
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Live Fund receive \bold{\$2500 N} it they sold half thier holding in Marks Brothers.

<u>Solution:</u>

Given: Sale price of Live Fund holding is 5000 dollar

To find: Amount that Live Fund will get if they sell half of their holding in Marks Brothers.

Assume the total holdings held by Live Fund in Marks Brothers as N

Therfore, half the number of shares or (half the holdings) of Live Fund will be \frac{N}{2}.

Thus, if each share is valued at \$5000, then the total value of the number of shares sold will be as follows,

\Rightarrow5000\times\frac{N}{2}\text{ dollars }\rightarrow\frac{5000\times N}{2}\text{ dollars }

\Rightarrow2500 N\text{ dollars }

Hence, Live Fund will receive \$2500 N

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