A mathematical relationship or a rule mostly expressed in symbols
-6m+19
1/2(-12m+38)
All we have to do is simply distribute the 1/2.
1/2(-12m) + 1/2(38)
(-6m) + 19
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The line goes 3 right for every 1 down, so the gradient is -1/3
The y-intercept is +4, so the equation is actually y=-1/3x+4, so Chris is wrong.
Answer: $70400
Step-by-step explanation:
Attached is the question:
Based on the information given in the question:
Value of Stock X = 5000 × $4.30 = $21500
Value of Stock Y = 2000 × $3.20 = $6400
Value of Stock Z = 8000 × $4.90 = $39200
Total Stock Value = $67100.
Since there's a 4.9% increase in value of index, the value of the index at end of the day will be:
= $67100 × (100% + 4.9%)
= $67100 × 104.9%
= $67100 × 1.049 =
= $70388
= $70400 approximately