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.
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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:
x=2, y=4
Step-by-step explanation:
When using elimination, the objective is to elimate one variable. In this case, we see that "y" can easily be eliminated by adding the two equations together since you will get 3y + (-3y) which will eliminate y because the value would become 0, letting us solve for x.
Then we get
, because the y's will eliminated, and 8x+7x is 15x, and 28+2 is 30.
Then divide by 15 on both sides and you get x=2
If x=2, then we can substitute that value into any of the previous given equations and find the value of y.
8×2 +3y = 28
16+3y=28
3y=12
y=4
So the answer to your system of equations would be x=2, and y=4
You can substitute the answers we found to see that they satisfy the equation.
Hope this helped.
Answer:
x = 2
Step-by-step explanation:
1. distribute 9 in 9(x+1)
9x + 9 = 25 + x
2. subtract x from the right side to isolate x onto one side
8x + 9 = 25
3. subtract 9 from the left side
8x = 16
4. divide both sides by 8 to get x alone
x = 2
O.99 is the answer to this problem
