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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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irinina [24]

Answer:

Therefore the equation of the line through ( 4 , -8 ) and ( 8 , 5 ) is

13x - 4y = 84.

Step-by-step explanation:

Given:

Let,

point A( x₁ , y₁) ≡ ( 4 ,-8)

point B( x₂ , y₂) ≡ (8 , 5)

To Find:

Equation of Line AB =?

Solution:

Equation of a line passing through Two points A( x₁ , y₁) and B( x₂ , y₂)is given by the formula

(y - y_{1} )=(\frac{y_{2}-y_{1} }{x_{2}-x_{1} })\times(x-x_{1}) \\

Substituting the given values in a above equation we get

(y-(-8))=(\frac{5-(8)}{8-4})\times (x-4)\\ \\(y+8)=\frac{13}{4}(x-4)\\\\4(y+8)=13(x-4)\\4y+32=13x-52\\13x-4y=84...............\textrm{which is the required equation of the line AB}

Therefore the equation of the line through ( 4 , -8 ) and ( 8 , 5 ) is

13x - 4y = 84.

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Step-by-step explanation:

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Let us consider the given expression:

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nlexa [21]

Answer:

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Step-by-step explanation:

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