Answer:
D
Step-by-step explanation:
Here, we want to select which of the options explains the scenario in the question.
Firstly, 1,000 shares were purchased at $10 per share.
Mathematically the total amount of shares bought will be 10 * 1000 = $10,000
Also, we have the growth rate as 12.5% = 12.5/100 = 0.125
Thus, representing the scenario with a function, we have;
A(t) = 10,000 e0.125t
7/10 of 80 is 56
4/5 of 80 is 64
3/4 of 80 is 60
5/8 of 80 is 50
1/2 of 80 is 40
1/4 of 80 is 20
1/10 of 80 is 8
1/8 of 80 is 10
to work these out divide the number by the denominator (bottom number) and multiply by the numerator (top number)
Answer:
$5,300
Step-by-step explanation:
Formulae used,
Where,
Putting the values from the table, we get the best fit line as,
As we want to calculate the profit at 350 pounds, so putting x=350, we get
