Answer:
8.31 weeks
Step-by-step explanation:
Given that the cost of one share of Apple stock, C=$120
Rate is the increment of the stock value, R= 5%/week=0.05 / week.
Assuming that after t week, the stock has been sold for $180.
Since the stock value increased at 5% every week, so, the interest is compounded weekly, so
[taking log both sides]
weeks
Hence, after 8.31 weeks the stock has been sold for $180.
Answer:
The price for 3.75 pounds of cherries is $17.775.
Step-by-step explanation:
The price las week was $ 4.99 and it got a discount of 15% for this week, this means that the price for this week is 100% of the one prior minus 15%, therefore it is 85% of the last price. We need to calculate the price per pound with this discount as shown below:
Since the price is $4.74 per pound and we want to buy 3.75 pounds, then the total amount we need to pay is:
The price for 3.75 pounds of cherries is $17.775.