Answer: $5.22 (in the year 2021)
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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.
Wait but that is a test don't you need to look at a book or something insteadt of waiting for the answers
Answer:
x=13
Step-by-step explanation:
you have to isolate the variable
3(x-4)=x+14
distribute
3x-12=x+14
subtract 14 from each side
3x-26=x
subtract 3x from each side
-26=-2x
divide each side by -2
13=x
flip sides
x=13
hope this helps!!! :)
Answer:15
Step-by-step explanation:
Given
Craftsman sell 10 Jewelry set for $500 each
For each additional set he will decrease the price by $ 25
Suppose he sells n set over 10 set
Earning
Earning
differentiate to get the maximum value
Equate to get maximum value
Thus must sell 5 extra set to maximize its earnings.