Use a Graphing Calculator to Solve the System $$\begin{array} { r } 1.2 x + \sqrt { 7 } y = - 8 \\- 4.5 x - \sqrt { 5 } y = 10\end{array}$$

question 501

Multiple Choice

Use a graphing calculator to solve the system. Express solutions with approximations to the nearest thousandth.
- $$\begin{array} { r } 1.2 x + \sqrt { 7 } y = - 8 \\- 4.5 x - \sqrt { 5 } y = 10\end{array}$$

• A) \(\{ ( 0.584 , - 3.290 ) \}\)
• B) \(\varnothing\)
• C) \(\{ ( - 0.929 , - 2.602 ) \}\)
• D) \(\{ ( 4.808 , - 5.205 ) \}\)

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Definitions:

Black-Scholes Model

A mathematical model used for pricing European call and put options, offering a theoretical estimate of the price of options based on time, volatility, and other factors.

Expiration Date

In finance, the last day on which an options or futures contract is valid.

Stock Price

The cost or price of a single share of a company's stock, determined by the supply and demand in the market.

Black-Scholes

A mathematical model used for pricing European style options, taking into account the stock price, strike price, time to expiration, risk-free rate, and volatility.