Answer:
y = x+5
Step-by-step explanation:
First find the slope
m = ( y2-y1)/(x2-x1)
= ( 7-3)/(2 - -2)
( 7-3)/(2+2)
4/4
1
Then slope intercept form is
y = mx+b where m is the slope and b is the y intercept
y = 1*x+b
y = x+b
Substitute a point into the equation
7 = 2+b
7-2 =b
5=b
y = x+5
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
Step-by-step explanation:
Answer:
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