Hello!
A proportional relationship means the line passes through the origin (0,0) and shows a constant rate of change.
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Answer 420.
a, is the first term. d is difference.
Since this is an arithmetic progression, I use this formula.
Un = nth term
Sn = sum of terms.
First find the number of terms, which is 20.
Then use the second formula to find the sum.
Answer:
the stock will sell for $59.16
Step-by-step explanation:
P0 = 2 * (1+0.2) / (1+0.105) + 2 * (1+0.2) * (1+0.12) / (1+0.105)^2 +
2*(1+0.2)*(1+0.12)^2 / (1+0.105)^3 +
[(2 * (1+0.2) * (1+0.12)^2 * (1+0.06) / (0.105-0.06)) / (1+0.105)^3 ]
P0 = $59.16
Answer:
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