Answer:
year 2000: P = 50
year 2004: P = 24
Step-by-step explanation:
t is the number of years since 2000, so for the year 2000, we have that t = 0.
Using this value in the equation, we find that:
P = -6 * 0 + 50 = 50
The price of the stock in year 2000 is 50.
For the year 2004, we have that t = 4, so using this value in the equation for P, we have:
P = -6 * 4 + 50 = -24 + 50 = 26
The price of the stock in year 2004 is 24.
