If you paid $14 for 600, you paid:
600 * 14 = $8,400.00
If you sold them for $15.30 a share, you made:
600 * 15.30 = $9,180
9,180 - 8,400 = $780
The return on the investment being $780
Very very safe investment and not worth it.
Using exponential function concepts, it is found that the second function has a greater rate, as 0.8 > 0.2.
<h3>What is an exponential function?</h3>
It is modeled by:
In which:
- a is the initial value, that is, y when x = 0.
- b is the rate of change, as a decimal.
Function 1 is given by:
Hence the rate is b = 0.2.
Considering the values on the table, function 2 is given by:
Hence the rate is b = 0.8.
Hence, the second function has a greater rate, as 0.8 > 0.2.
More can be learned about exponential function concepts at brainly.com/question/14398287
Answer:
$60
Step-by-step explanation:
40 text messages × .25 each = $10. Plus the $50 per month is $60.
Let's rewrite the equation with x and y on the left side of the equal sign.
5x-4y=8 --------(1)
3x-3y=3---------(2)
Divide equation (2) by 3,
x - y= 1
now we have,
5x-4y = 8 --------(1)
x - y = 1 ---------(2)
To eliminate x, multiply equation (2) by 5. This makes both the coefficients of x to be 5. Subtract the second equation from the first equation.
5x - 4y = 8
(2) * 5 5x - 5y = 5
(-) (+) (-)
----------------
0x +y =3
Therefore, y=3
Substitute the value of y, in any one of the two equations. Let's substitute y in the second equation.
x-3=1
x=4
x=4 and y=3
<span>2² + 4² ÷ 2<span>²
4 + 16 </span></span>÷ 4
4 + 4
8
