Answer:
5
Step-by-step explanation:
Calculate slope by choosing two points. (1, 5) and (2, 10)
slope = (10 - 5) / (2 - 1) = 5/1 = 5
We calculate the commission and adding it to the price of the stock to get total cost.
No Price Total Commission Total cost
100 $26.25 0.06 x $2,625 = $157.50 2625 + 157.50 =2782.5
100 $19.32 0.06 x $1,932 = $115.92 1932 + 115.92 =2047.92
40 $9.77 0.06 x $390.80 = $23.45 390.80 + 23.45= 414.25
200 $5.39 0.06 x $1,078 = $64.68 1,078 + 64.68 = 1142.68
100 $33.44 0.06 x $3,344 = $200.64 3,344 + 200.64 = 3544.64
Answer:
We need a sequence in order to make an explicit or a recursive formula. Are you missing information?
Step-by-step explanation:
Answer:
Step-by-step explanation:
