Answer:
Rate of Return is 14.8%
Step-by-step explanation:
We know that 20 shares of Stock are purchased for $30 per share.
This gives us a total value of: 20 × 30 = $600.
Now, the shares are sold for $710 with a commission sale of $6. This means the final money going to the seller is; 710 – 6 = $704.
Thus, the rate of return percentage is = (704 – 600)/704) × 100% = 14.7727%
To the nearest tenth gives us 14.8%
Answer: Slope is 1 because if we have x by itself, we assume it is only one.
y-intercept because according to the slope intercept formula, (y=mx+b), it is in the correct spot.
Answer:
-2
Step-by-step explanation:
they are parallel so same slope but different y intercepts
The choices should be B, C, and E. Hope this helps
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