The Following Line Graph Shows the Expenses for Two Salespeople

question 36

Short Answer

The following line graph shows the expenses for two salespeople of the Leadwell Pencil Company. During which month did Herb incur the most expenses?

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Definitions:

Residential Building Lot

A plot of land designated for the construction of a residential home.

Compounded Monthly

Interest on an investment calculated each month and added to the principal sum, leading to exponential growth of the investment.

Minimum Rate

The lowest possible interest rate that could be applied to a loan or financial product.

Guaranteeing Month-end

ensuring financial or operational activities are completed or accounted for at the end of each month.