- <u>Jan </u><u>purchased </u><u>1</u><u>4</u><u>0</u><u> </u><u>shares </u><u>of </u><u>stock </u><u>in </u><u>ABC </u><u>company </u><u>at </u><u>a </u><u>price </u><u>of </u><u>$</u><u>1</u><u>8</u><u>.</u><u>7</u><u>5</u><u> </u><u>per </u><u>share </u>
- <u>During </u><u>the </u><u>next </u><u>3</u><u> </u><u>days</u><u>, </u><u> </u><u>the </u><u>value </u><u>of </u><u>share </u><u>declined </u><u>by </u><u>$</u><u>1</u><u>.</u><u>0</u><u>0</u><u> </u><u>,</u><u> </u><u>$</u><u>1</u><u>.</u><u>7</u><u>5</u><u> </u><u>and </u><u>$</u><u>1</u><u>.</u><u>5</u><u>0</u>
- <u>We </u><u>have </u><u>to </u><u>find </u><u>the </u><u>value </u><u>of </u><u>a </u><u>share </u><u>of </u><u>ABC </u><u>stock </u><u>at </u><u>the </u><u>end </u><u>of </u><u>3</u><u> </u><u>days </u>
<u>According </u><u>to </u><u>the </u><u>question</u><u>, </u>
Cost of 1 share of ABC company = $18.75
<u>Therefore</u><u>, </u>
Cost of 140 shares purchased by Jan in the ABC company
<u>Now</u><u>, </u>
For next 3 days, the value of share declined
<u>Therefore</u><u>, </u>
The value of shares after 3 days will be
Hence, The value of share after 3 days will be $18.75 .
Not necessarily. Consider the series
and
. Here
.
The first series converges by the alternating series test, which says
converges if
is a decreasing sequence and converges to 0. This is the case, as
as
, and each term is decreasing. (Indeed the series converges to
.)
On the other hand, the second series is a classic example of a divergent sum.
Answer:
Yes
Step-by-step explanation:
A proportion is an equation with a ratio on each side. And when you reduce 6/8 to the lowest form, it is 3/4
Answer:
2.9
Step-by-step explanation: