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Lynna [10]
3 years ago
12

The Millers plan on retiring soon. When they were first married they purchased 1,000 shares in a mutual fund that was at that ti

me paying $10 a share. Now, thirty years later it is paying $78 a share. What is the percent increase for the fund?
A) 6.8%
B) 7.8%
C) 78%
D) 680%
Mathematics
1 answer:
Degger [83]3 years ago
7 0

Answer: 6.8%

Step-by-step explanation:

We need to find both percentage so we can determine the increase.

Finding percentage of $10 return: 1% return

Finding percentage of $78 return: 7.8% return

To find the percent increase we do 7.8%-1.0% = 6.8%

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svp [43]
Heya friend !!

During water cycle , Water in liquid state absorbs tremendous amounts of incoming solar energy causing it to evaporate and it is released back in the atmosphere while the formation of clouds during Condensation .

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Hope it helps you :)
5 0
3 years ago
Consider the two functions described below. Function 1 describes the cost, y, to park in a parking lot for x hours. There is a f
Len [333]

Statement B explains correctly that the parking garage charges a higher rate per hour than the parking lot. Statements B and D are the same.

Step-by-step explanation:

Step 1:

For the parking lot, there is a flat fee of $7.00 and then a charge of $1.00 every hour.

So if a vehicle was parked for 1 hour charges are 7 + 1 (1) = $8,

If parked for two hours charges are 7 + 1 (2) = $9.

Step 2;

To understand the pricing of the parking garage, we must plot the points of the graph.

The points on the graph are (0, 4), (1, 6), (2, 8), (3, 10), (4, 12), (5, 14)...

So for the parking garage, there is a flat fee of $4 and then a charge of $2.00 every hour.

So if a vehicle was parked for 1 hour charges are 4 + 2 (1) = $6,

If parked for two hours charges are 4 + 2 (2) = $8.

Step 3:

Comparing both the parking lot and the parking garage, we get that the flat fee for the parking lot is higher while the parking charges for an hour are higher for the parking garage which is statement B.

Statement B and D are the same.

7 0
3 years ago
If an odd number of negative numbers are multiplied together, which of the following is true about their product?
aleksandrvk [35]

Answer:

it will be a positive number that is even

Step-by-step explanation:

this is because two negative numbers multiplied make a positive and two odd number multiplied make an even.

please leave a thanks if im correct

5 0
3 years ago
Use mixed numbers and simplify the fraction parts where required. 8×3/4
Komok [63]
8/1 × 3/4
Cancel out the 8 and 4
2 × 3
=6
4 0
3 years ago
Read 2 more answers
The function p(x) = –8x2 – 64x can be written in vertex form p(x) = a(x – h)2 + k, where a =
maria [59]
The function p(x) = –8x2<span> – 64</span>x<span> can be written in vertex form </span>p(x<span>) = </span>a(x<span> – </span>h)2<span> + </span>k<span>, where </span>a<span> = -8
</span>h<span> =-4
</span>k=128
3 0
3 years ago
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