Solve the Problem. -A Computer Company Uses the Linear Model Y = -22x

question 314

Multiple Choice

Solve the problem.
-A computer company uses the linear model y = -22x + 50,787 to predict the decline in sales of a computer after it has been on the market more than one year. If x is the number of months after
The first year and y is the number of computers sold during that month, how many computers will
Be sold 15 months after the first year?

• A) 50,457 computers
• B) 50,193 computers
• C) 51,117 computers
• D) 2308 computers

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Definitions:

Dividend Payment

A payout of part of a firm's profits, determined by its board of directors, and given to its stockholders.

Ex-Dividend Date

Date two business days before the date of record, establishing those individuals entitled to a dividend.

Market Value

The current quoted price at which an asset or a company can be bought or sold on the open market.

Declaration Date

Date on which the board of directors passes a resolution to pay a dividend.