Answer:
Step-by-step explanation:
Slope intercept form: y = mx + b
Find slope:
m = (y₂ - y₁) / (x₂ - x₁)
= (-5 - (-4)) / (0 - 4)
= -1 / -4
= 1/4
Find y intercept using anyone of the given points and slope from above:
y = mx + b
b = -5
Now use the above slope and y intercept to create equation of a line:
Answer:
-46.91%
Step-by-step explanation:
Given:
Cost of buying the shares = $53,500
Selling cost of the shares = $3,300
Number of years = 2
Since the selling cost is less than the buying cost, therefore the statement for the loss can be verified
Now,
The loss = Selling cost - cost of buying = $3,300 - $53,500 = - $50,200
thus, the loss per year = = -$25100
Hence,
Rate of return =
or
Rate of return =
or
Rate of return = -46.91%