This is a compound interest problem, therefore s(t) should be in the form:
where:
t = time in years
s(t) = the value of your item after t years
a = the initial value of your item
r = rate
Therefore, we already know that a = 245$.
Now, we can calculate r:
![r = \sqrt[t]{ \frac{s}{a} }](https://tex.z-dn.net/?f=r%20%3D%20%20%5Csqrt%5Bt%5D%7B%20%5Cfrac%7Bs%7D%7Ba%7D%20%7D%20)
![r = \sqrt[5]{ \frac{560.50}{245} }](https://tex.z-dn.net/?f=r%20%3D%20%5Csqrt%5B5%5D%7B%20%5Cfrac%7B560.50%7D%7B245%7D%20%7D%20)
= 1.18
Therefore, the correct answers are
a = 245 and
r = 1.18
Answer:
I would say no because the dots are all over the place.
Step-by-step explanation:
It keeps going up then down back up and down again?
11.333333 (three repeated, don't know how to type that
The analyst believes the value of the stock at the end of three weeks will be $134.
<h3>
What are stocks?</h3>
- Stock (also known as capital stock) in finance refers to the shares of ownership in a corporation or company.
- A single share of stock represents fractional ownership of the corporation based on the total number of shares.
- This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from asset liquidation (after discharge of all senior claims such as secured and unsecured debt), or voting power, which are often divided in proportion to the amount of money invested by each stockholder.
To find the value of the stock:
- Because the stock price drops by 28% every week, it will be:
- 100 - 28 = 72% every week.
- So, r = 0.72.
- Then, the equation V = 360(r)∧t will be V = 360(0.72)∧t .
- After 3 weeks, V = 360(0.72)³ = 134.47 = 134
Therefore, the analyst believes the value of the stock at the end of three weeks will be $134.
Know more about stocks here:
brainly.com/question/690070
#SPJ4
The correct question is given below:
To the nearest dollar, what does the analyst believe the value of the stock will be at the end of three weeks? (Note: Disregard the $ sign when gridding your answer.)
Answer:
33/10 and 55/15
Step-by-step explanation:
Possible denominators that are multiples of 5 less than 17 are 5, 10, 15.
Corresponding numerator ranges are [15, 20], [30, 40], and [45, 60]. In only two of these ranges are there any multiples of 11.
33 in [30, 40]
55 in [45, 60]
So, there are only two possible fractions meeting your requirement:
33/10 and 55/15
