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mojhsa [17]
3 years ago
5

Janice bought 40 shares of stock at $31.82 per share. She received dividends of $1.11 per share for 1 year. What was her purchas

e price
Mathematics
2 answers:
Elanso [62]3 years ago
5 0

Answer:

$1,228.40

Step-by-step explanation:

Janice bought 40 shares of stock at = $31.82 per share

She received dividends per share = $1.11

Now her purchase price per share = 31.82 - 1.11 = $30.71

Her purchase price of total 40 shares = 30.71 × 40 = $1,228.40

Purchase price of stock would be $1,228.40.

-BARSIC- [3]3 years ago
4 0

Her purchase price was 40×($31.82-$1.11)=$4×307.1=$1228.4

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On a recent day, 8 euros were worth $9 and 24 euros were worth 27.
nikitadnepr [17]

This question is incomplete, here is the complete question:

On a recent day, 8 euros were worth $9 and 24 euros were worth $27. Write an equation of the form y = kx to show the relationship between the number of euros and the value in dollars.

The equation that represents the relationship between the number of euros and the value in dollars is y = 1.125 x

Step-by-step explanation:

On a resent day;

  • 8 euros were worth $9
  • 24 euros were worth $27

We need to write an equation of the form y = kx to show the relationship between the number of euros and the value in dollars

∵ The form of the equation is y = kx, where x is the number of

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∵  8 euros were worth $9

∴ (8 , 9) is an ordered pair belong to the equation

∵ 24 euros were worth $27

∴ (24 , 27) is another ordered pair belong to the equation

To find k substitute x and y in the equation by the coordinates of one of these two points

∵ x = 8 and y = 9

∵ y = kx

∴ 9 = 8k

- Divide both sides by 8

∴ 1.125 = k

- Substitute the value of k in the equation

∴ y = 1.125 x

To check the equation substitute x by the x coordinate of the 2nd point if it gives the same value of the y-coordinate of the point then the equation is true

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∴ y = 27 the same value of the y-coordinate of the point

∴ The equation is true

The equation that represents the relationship between the number of euros and the value in dollars is y = 1.125 x

Learn more:

You can learn more about the linear equation in brainly.com/question/4326955

#LearnwithBrainly

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