Perpendicular lines have slopes that are opposite and reciprocal. Therefore, the line we are looking for has a -3 slope.
y= -3x+b
Now, we can substitute in the point given to find the intercept.
2= -3(4)+b
2= -12+b
b=14
Finally, put in everything we've found to finish the equation.
y= -3x+14
The Costs and the type of investment is relates is as follows:
Stocks and bonds Mutual Funds
Commissions administrative costs
investment advisory costs Hourly fees
Answer:
This is the right one that's true
