The correct option is D.
The initial value of the stock is $575 and it doubles every 8 years, this means that, in the next eight year the value of the stock will be 2 * 575 = $1150.
This amount too will double in the next eight year and the value will become 2* 1150 = $2,300.
Therefore, in 16 years time the share will be worth $2,300.00.
At the end of the year ...
the price will be 44,000*1.0324 = 45,425.60
the bank balance will be 44,000*1.02 = 44,880.00
This is 545.60 fewer dollars than required to pay the price.
You lose $545.60 in current-year buying power.
Step-by-step explanation:
Area is maximum when
x = √136
I hope this helps =3
You can use substitution here. First, get y alone:
14x + y = -4
subtract 14x from each side
y = -4 - 14x
Then, plug y into the second equation
-4 - 14x = 3x² - 11x - 4
then solve from there
Hope this helps :)
