Solve the Problem. -The Linear Equation in Two Variables Y = 0.10x

question 67

Multiple Choice

Solve the problem.
-The linear equation in two variables y = 0.10x + 200 models the total weekly cost, y, in dollars, for renting a car and driving it x miles. The equation indicates that the rental company charges a fixed amount of $200 for the
Week plus a cost of $0.10 for each mile the car is driven. Find a solution of y = 0.10x + 200 using 220 for x.

• A) (220, 2200)
• B) (220, 222)
• C) (220, 197)
• D) (220, 182)

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or another security, as stated by the issuer.

Interest Expense

The cost incurred by an entity for borrowed funds, represented as interest payments on debt.

Premium on Bonds

The amount by which the selling or market price of a bond exceeds its face value or par value.

Face Value

The nominal value printed on a financial instrument like a bond or stock certificate, representing its value at issuance.