A stock is declining a rate of 25% of its value every 2 weeks, the stock started at $225 the equation of the given scenario is
A stock is a form of security that indicates the holder has proportionate ownership in the issuing corporation and is sold predominantly on stock exchanges
Let x represent the number of weeks
Let y represent the value of stock in dollars
The initial value of stock= $225
The stock declining rate of its value every two weeks= 25%
Initially = $225
After one week
= initial value of stock - decreased value stock
Let is the previous stock value and as new stock value
Hence, a stock is declining a rate of 25% of its value every 2 weeks, the stock started at $225 the equation of the given scenario is
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