Write a Proportion That Can Be Used to Solve the Problem

question 75

Multiple Choice

Write a proportion that can be used to solve the problem. Then solve the equation to obtain the answer.
-It takes Bill 30 minutes to type and spell check 16 pages. Find how many pages he can type and spell check in 3.5 hours. Round to the nearest tenth.

• A) 393.8 pages
• B) 56 pages
• C) 112 pages
• D) 186.7 pages

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Definitions:

Fair Market Value

The estimated price at which an asset or service would exchange hands between a willing buyer and seller, both having reasonable knowledge of the relevant facts.

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate.

Common Stock

A type of security representing ownership in a corporation, with holders having a claim on part of the company’s assets and earnings.

Dividends

Payments made by a corporation to its shareholder members, usually as a distribution of profits.