What is the rate of return when 10 shares of Stock A, purchased for $15/share, are sold for $210? The
commission on the sale is $6.
Rate of Return = [?] %

the solution of the equation is 2.23 ⇒ answer b

step-by-step explanation:

* lets revise the meaning of exponential function

- the form of the exponential function is y = ab^x, where a ≠ 0, b > 0 ,  

  b ≠ 1, and x is any real number

- it has a constant base b

- it has a variable exponent x

- to solve an exponential equation, take the log or ln of both sides,  

  and solve for the variable

* lets solve the problem

∵

- the base is 7 and the exponent is x

- insert ㏑ in both sides

∴

- use the rule

∴ x ㏑(7) = ㏑(77)

- to find x divide both sides by ㏑(7)

∴

* the solution of the equation is 2.23 to the nearest 2 decimal places

add -60 to 120 which will result in : 2x+3y=180

then subtract 2x: 3y=-2x+180

lastly, divide by 2: y= -2/3x+60

hope this is the answer you're looking for: )