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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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(25+3) - 7 x 3 + (2x4)
arlik [135]

Answer:

It is not correct, the answer is 15

Step-by-step explanation:

They forgot the rule of PEMDAS, and accidentally subtracted before they multiplied. It should've gone

(25+3) - 7 x 3 + (2x4)

28-7x3+8

28-21+8

Since it's minus 21, that means it's negative, so -21+8=13

28-13=15

4 0
3 years ago
To create a mathematical model of several data points, you identify the R2 values of different regression types. You find a line
ehidna [41]

Answer:

a. a power model hope this helps


7 0
3 years ago
Read 2 more answers
Michael has a collection of 1404 race cards.He hopes to sell the collection in packs of 36 cards,and make 633.75 when all the pa
Anna007 [38]
He should charge 16.25 for each pack
6 0
3 years ago
Write 0.8 as a fraction.
Scrat [10]
0.8=0.8/1=8/10=4/5
not one of them
but,

2/9=0.2222222222
4/9=0.444444444444
7/9=0.7777777777
8/9=0.88888888888

I  think you meant 0.8 repeating so

answer is D
5 0
2 years ago
Write the Slope-Intercept and Point-Slope forms of the line passing through the point (-3, 2) and having a slope of -4/5
weeeeeb [17]

Answer:

slope-intercept: y=\frac{-4}{5} x-\frac{2}{5}

point-slope: y-2=\frac{-4}{5} (x+3)

Step-by-step explanation:

The slope-intercept form of a line is written as y = mx + b, where m is the slope and b is the y-intercept.

The point-slope form of a line is written as y - y1 = m(x - x1), where (x1, y1) is a given point and m is the slope.

Here, we see that the slope is -4/5, which means that m = -4/5. Since we're given a point (-3, 2), let's go ahead and just write the point-slope form already. (x1, y1) = (-3, 2) so x1 = -3 and y1 = 2. Then:

y - y1 = m(x - x1)

y - 2 = (-4/5) * (x + 3)

y-2=\frac{-4}{5} (x+3)

Now, we want to find the slope-intercept form, so we need to figure out the y-intercept. Well, first, let's plug in what we know:

y = mx + b

y = (-4/5)x + b

Any point on this line will satisfy the above equation. Since (-3, 2) is on this line, if we plug -3 in for x and 2 in for y, the equation should hold true, so we can solve for b:

y = (-4/5)x + b

2 = (-4/5) * (-3) + b

2 = 12/5 + b

b = -2/5

So, the y-intercept is -2/5. Then the slope-intercept form is:

y=\frac{-4}{5} x-\frac{2}{5}

Thus, our two equations are:

slope-intercept: y=\frac{-4}{5} x-\frac{2}{5}

point-slope: y-2=\frac{-4}{5} (x+3)

8 0
2 years ago
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