Answer:
8.31 weeks
Step-by-step explanation:
Given that the cost of one share of Apple stock, C=$120
Rate is the increment of the stock value, R= 5%/week=0.05 / week.
Assuming that after t week, the stock has been sold for $180.
Since the stock value increased at 5% every week, so, the interest is compounded weekly, so


[taking log both sides]
weeks
Hence, after 8.31 weeks the stock has been sold for $180.
•❋Let's start with the first step: Converting 28% into a decimal.
To do this you can multiply it by 100 which gives us .28.
Now we have $600.000 in cash and we need to then multiply it by .28.
.28*600=168.
Now we are going to subtract what we just got by the original amount $600.000
(we can also say that it is $600)
So $600-$168=$432
Now we have out answer
28% tax on a $600.000 cash prize = $432
•❋Hope this helps•❋