Julia Made a Purchase at a Furniture Store, but It

question 73

Multiple Choice

Julia made a purchase at a furniture store, but it was too big and did not fit into her car. So, she arranged to have the store deliver the purchase for her. She paid for her purchase, plus the sales taxes, plus the fee. The taxes are 5 % and the fee is $25. Write a function t ( x ) for the total, after taxes, on the purchase amount x . Write another function f ( x ) for the total, including the delivery fee, on the purchase amount x . How much money did Julia spend, if she made a $440 purchase?

• A) t ( x ) = 0.05 x ; f ( x ) = x + 25 ; $47
• B) t ( x ) = 1.05 x ; f ( x ) = x + 25 ; $487.00
• C) t ( x ) = 1.05 x ; f ( x ) = x + 25 ; $488.25
• D) t ( x ) = 0.05 x ; f ( x ) = x + 25 ; $487.00

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Definitions:

Market Risk

Market risk refers to the potential for an investor to experience losses due to factors that affect the overall performance of the financial markets.

Diversified Investor

An investor who spreads investments across various asset classes to reduce risk.

Systematic Risk

The risk inherent to the entire market or market segment, also known as "market risk," which cannot be eliminated through diversification.

Market Beta

measures the volatility of an investment or portfolio relative to the overall market, indicating its sensitivity to market movements.