Since each share was purchased when it was still quoted at 20 1/4, then when the stock value increases, it gains (25 1/4 - 20 1/4) = $5.00 for each stock.
Since you're to sell 30 shares of your stock, that means you'll be making a profit of (30 x 5 ) = $150.00.
Thus, the answer is C<span>.</span>
y = 25 + 0.15x is the equation for relating the cost y to the number of miles x that you drive the car
<em><u>Solution:</u></em>
Let "y" be the total cost of car rental
Let "x" be the number of miles you drive the car for more than 100 miles
<em><u>A car rental firm has the following charges for a certain type of car:</u></em>
$25 per day with 100 free miles included, $0.15 per mile for more than 100 miles
<em><u>Suppose you want to rent a car for one day, and you know you'll use it for more than 100 miles</u></em>
Therefore,
Car is rented for one day
You will use it for more than 100 miles
Therefore, equation is framed as:
Total cost = $ 25 + 0.15(number of hours)

Thus the equation for relating the cost y to the number of miles x that you drive the car
The answer is A. because for you to find the answer you have to subtract so it would be 55.75-12.5=43.25
Answer:

Step-by-step explanation:
From the given information;
the probability of getting returned p = 0.1
If eight rings are sold today, what is the probability that fewer than three will be returned;
According to binomial distribution
Binomial distribution is the probability of success or failure of an outcome of an experiment under observation which is usually repeated several trials. Binomial experiments are random experiment with fixed number of repeated experiment. If we cannot predict before head, the outcome of an experiment , the experiment is called a random experiment.
So , using binomial distribution to determine the probability that fewer than three will be returned;
i.e

