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mr_godi [17]
3 years ago
9

5.2.19

Mathematics
1 answer:
zaharov [31]3 years ago
8 0

Answer:

<em>The price per share after 4 hours is $21.43</em>

<em>The price per share after 20 hours is $4.15</em>

Step-by-step explanation:

<u>Equations</u>

The price of the company's stock is initially at $25.75 per share. Each hour the price drops by $1.08. This condition can be modeled by the function:

P(t)=25.75-1.08t

Where t is the time in hours.

The sign means the function is decreasing as time passes.

When t=4 hours, the price will be:

P(4)=25.75-1.08\cdot 4=21.43

The price per share after 4 hours is $21.43

Now find the price when t=20 hours

P(20)=25.75-1.08\cdot 20=4.15

The price per share after 20 hours is $4.15

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4 years ago
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Standard form: 125

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