Intermediate Algebra: Connecting Concepts through Application

Published by Brooks Cole
ISBN 10: 0-53449-636-9
ISBN 13: 978-0-53449-636-4

Chapter 1 - Linear Functions - 1.3 Fundamentals of Graphing and Slope - 1.3 Exercises - Page 53: 62

Answer

slope=0.20 There is a 20% fee on your earnings from a hedge fund.

Work Step by Step

F=0.20e+100,000 Since this equation is in slope-intercept form, we can see that the slope is 0.20. This means that there's a 20% fee on your earnings from the hedge fund.
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