Solve the problem.Your favorite stock opened the day's trading at $40.11 per share. When trading closed for the day, your stock was priced at $34.07 per share. If you own 60 shares, what was your profit or loss that day?
A. A loss of $6.04
B. A profit of $362.40
C. A profit of $6.04
D. A loss of $362.40
Answer: D
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Solve the problem.The equation y = 0.002x - 0.20 can be used to determine the approximate profit, y in dollars, of producing x items. How many items must be produced so the profit will be at least $3933?
A. x ? 1,966,600 B. x ? 1,966,400 C. x ? 1,966,600 D. 0 < x ? 1,966,599
Provide an appropriate response.Suppose that you can invest $10,000 in a business that guarantees you the following cash flows: $5000 at the end of 2 years, $4000 at the end of 4 years, and $3000 at the end of 6 years. Assuming an interest rate of 7.25% compounded annually, find the net present value of the cash flows. Is the investment profitable?
Fill in the blank(s) with the appropriate word(s).
Solve the problem.The minimum length L of a highway sag curve can be computed by L = ,where ?1 is the downhill grade in degrees (?1 < 0°), ?2 is the uphill grade in degrees (?2 > 0°), S is the safe stopping distance for a given speed limit, h is the height of the headlights, and ? is the alignment of the headlights in degrees. Compute L for a 55-mph speed limit, where
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Round your answer to the nearest foot.
A. 846 ft
B. 869 ft
C. 824 ft
D. 893 ft
Solve by elimination and check.x - y = 3 6x =6y - 18
A. (7, -4) B. (0, 0) C. Infinitely many solutions D. No solution