Answer:
1/ x-3
Step-by-step explanation:
The inverse of a number or expression means one divided by the number .
So inverse of x-3 is
1/ x-3
1.5 * 8/5 = 0.3*8 = 2.4
2.5 * 8/5 = 0.5*8 = 4.0
Answer: $5.22 (in the year 2021)
========================================================
Explanation:
The year 2021 is 22 years after 1999 since
2021 - 1999 = 22
That means we'll plug x = 22 into the equation given to us
P = 144*(0.86)^x
P = 144*(0.86)^22
P = 5.21588994768589 which is approximate
P = 5.22 rounding to the nearest cent
The share price is about $5.22 in the year 2021.
This assumes that the 14% decline keeps happening year after year; however, in reality, stocks are more complicated and fluctuate more randomly if anything.
