Answer:
I think $190,7 cause you have to find the percentages of the taxes and handling fee then add it to her accurate price.
Given:
Face Value $15,000
Discount rate 6.5%
Term 70 days
Discount for a simple discount note:
Discount = Maturity Value * Discount Rate * Term of Note
Discount = 15,000 * 0.065 * 70/360
Discount = 189.58
Proceeds from Simple Discount note:
Proceeds = Maturity Value - Discount
Proceeds = 15,000 - 189.58
Proceeds = 14,810.42
The proceeds for the simple discount note is $14,810.42. Choice C.
Answer: 70.1
Step-by-step explanation:
We need to convert this equation to slope-intercept form first.
We can do that by solving for y.
x - 5y = 15
<em><u>Add 5y to both sides.</u></em>
x = 5y + 15
<em><u>Subtract 15 from both sides.</u></em>
x - 15 = 5y
<em><u>Divide both sides by 5.</u></em>
y = 1/5x - 3
We now know the slope is 1/5.
The slope of the line perpendicular to the line with a slope of 1/5 is -5.
The slope of a perpendicular line is the negative reciprocal of the original slope.
Using a graphing calculator, we know the y-intercept of the line that is perpendicular to the original line must have a y-intercept of -6 to run through the points (-2, 5).
The equation of the new line is y = -5x - 6.
