The Following Table Shows Data for the Cost of Humidifiers

question 109

Multiple Choice

The following table shows data for the cost of humidifiers based on the number of humidifiers produced. Find a linear model for the cost C of producing x humidifiers.

• A) C = 1.05 + 87 x
• B) C = 1.05 x
• C) C = 87 + 1.05 x
• D) C = 87 + 20 x
• E) C = 87 x

---

Definitions:

Par Value

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

Semi-Annually

Semi-annually refers to an event or action occurring twice a year, typically every six months.

Real Rate Of Return

The yearly return percentage on an investment, modified for price level changes caused by inflation or other external factors.

Nominal Rate

The nominal rate is the interest rate set by the lending institution, not adjusted for inflation, representing the face value of the interest rate.