Refer to the Information Provided in Table 11

question 79

Multiple Choice

Refer to the information provided in Table 11.1 below to answer the questions that follow.
Table 11.1

-Refer to Table 11.1.If it costs $11 each time a bond is sold,the optimal average money holdings are

• A)$600.
• B)$400.
• C)$300.
• D)$200.

---

Definitions:

Multiply

The process of combining two numbers or quantities to get their product.

Simplify

Reducing a mathematical expression or equation to its most basic form without changing its value.

Special Product Pattern

Formulas that simplify the multiplication of algebraic expressions.

Multiply

The arithmetic operation of scaling one number by another, equivalent to adding a number to itself multiple times.