The stock price per share was $8.60
Number of shares bought 1000
Total price for the shares:
(Cost per share)*(Number of shares)
=8.60*1000
=$8600
The stock price after 1 year $9.15
Total number of shares is 1000
Current price=(current share price)*(number of shares)
9.15*1000
=$9150
current value=(Current price)-(buying price)
=9150-8600
=$550
Net Profit=(Current value)-(Expenses)
=550-14
=$536
Answer:
9.52
Step-by-step explanation:
Using the Vertical Line Test, the graph does not represent a function is ellipse, the third graph.
<h3>What is vertical line test?</h3>
The vertical line test is a graphical method of determining whether a curve in the plane represents the graph of a function. It is done by visually examining the number of intersections of the curve with vertical lines.
Any vertical line in the x y plane must intersect the graph of a function at most once.
In the given graphs, the graph of a function intersects the y axis twice. So, it is not a function.
From the given graphs, the third graph which is of ellipse crosses the vertical line twice.
Thus, the graph does not represent a function is ellipse.
Learn more about vertical line test.
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