The rate of return on the purchase of the shares of stock given its selling price and purchase price is $99.
<h3>What is the rate of return?</h3>
The rate of return can be described as the total profit that is earned from the sale of the shares of stock.
Rate of return = selling price - total purchase price - commission
$330 - ($15 x 15) - $6 = $99
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There are several information's of immense importance already given in the question. Based on those information's. the answer can be easily deduced.
We already know that
y = mx + b
Then
Slope for GH = (6 - 2)/(- 2 - 2)
= - 1
We already know that parallel lines have the same slope
Then
<span>6 = -1(5) +b
</span>6 = - 5 + b
b = 11
Then, the equation is
y = x + 11
From the above deduction, it can be easily concluded that the correct option among all the options that are given in the question is the last option or the fourth option.
Sweet................
a. (0,4500) initial height
b. take any to points and find slope which is rate in ft per min and is also negative in this case
c. (3,0) hits ground after 3 minutes
d. after b, use y-y1=m (x-x1) for any point (x1,y1)
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