Wally describes himself as a resilient fundamentalist when it comes to making investments in the stock market. At the moment, Wally uses only periodicals from the library when analyzing corporate fundamentals. The number of firms he can analyze in a day is given by the function: y(L) = 2 
, where L is the number of hours a day he works. Sketch Wally's total number of firms analyzed as he increases his hours of work. If Wally begins using internet sources to learn about corporate fundamentals, the number of firms he can analyze in a day is given by the function: y(L) = 5 
Sketch Wally's total number of firms analyzed as he increases his hours of work and uses the internet.
Definitions:
Accrued Interest
Interest that has been earned but not yet paid or received.
Principal
The original sum of money borrowed in a loan, or the original amount invested, excluding any interest or dividends.
Borrowed
The act of receiving something with the intention of returning it or its equivalent, usually referring to money with the implication of interest.
Payment
The transfer of money or goods in exchange for a product or service.
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