Answer:
Step-by-step explanation:
1.5 + 5 = 6.5
hope it helps
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.
Know more about stocks here:
brainly.com/question/690070
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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:526.75
Step-by-step explanation:
Find the number in the hundredth place 4 and look one place to the right for the rounding digit 5. Round up if this number is greater than or equal to 5 and round down if it is less than 5
First, add the ratio together to get the denominator of the fraction you will use to determine the share. 3+5= 8. Now, you have two fractions: 3/8 and 5/8. Next, just find 3/8 and 5/8 of 56 to get your answers:
(56÷8)×3= <span>£21
</span>and
(56÷8)×5= <span>£35</span>
