Answer:
a
Step-by-step explanation:
The answer would be D) 98.8% because if the initial price is $25 per share, then Gavin would have spent $12,500. None of the other answers make sense since if it was just 3% or 82.3%, then it would be too much to equal $150 in return. If you were to put C, then the shares would equal $4.43 each, and If you bought 500 shares, then it would equal $2,212.5 which would be way more than $150. In the other hand, D is correct because then only 1 share would equal $0.3 and that multiplied by 500 equals precisely $150.
Hope this helps!
Answer: C) 5
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x = independent variable, y = dependent variable
Assuming this is a linear function, each increase of x by 2 leads to y going up by 10. So 10/2 = 5 is the unit increase each time x bumps up by 1.
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An alternative is to use the slope formula to get
m = (y2 - y1)/(x2 - x1)
m = (25 - 15)/(4 - 2)
m = 10/2 <--- this expression shows up again
m = 5 <---- leading to the same answer as before
So we see that the slope formula is a more drawn out method to finding the answer.
