You cannot round 23 to the nearest thousand.
There are only TWO PLACE VALUES in 23: ones and tens.
a to C would be 4 3/4 + 2/3
3/4 + 2/3 = 9/12 + 8/12 = 17/12 = 1 5/12
1 5/12 + 4 = 5 5/12 total distance
Answer:
<h2>The constant growth valuation formula is not appropriate to use unless the company’s growth rate is expected to remain constant in the future.</h2>
Step-by-step explanation:
The value of a stock can be calculated with the <em>constant growth valuation formula</em>, but it's mandatory that the stock has to have a constant growth, because it depends on this rate. Actually, the present value of a stock is calculated with this formula <em>when it can be assumed that its growth is constant.</em>
On the other hand, if the stock value is zero, if it has no growth at all, then, this formula can't be applied, because this variable will be missing.
If you see the image attached, you're gonna look for <em>'g'</em>, which represents the growth rate.
First, plug in the given point into y=mx +b to find b (the y-intercept of the line). Use the same slope (m) in the equation since parallel lines have the same slope (3 in this case).
-1 = 3(4) +b
-1 = 12 + b Subtract 12 to both sides.
-13 = b
Now, put your m and b into y=mx+b.
The final answer/equation of your line is:
y=3x -13