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PtichkaEL [24]
3 years ago
15

a certain stock started the day at $35 a share. By the end of the day the stock had increased by 20%.what is the new price of th

e stock​
Mathematics
1 answer:
Wittaler [7]3 years ago
8 0

Answer:

New price of the stock = $42

Step-by-step explanation:

Given

Price of stock at the start of the day = $35

Increased by 20% by the end of the day.

To find the new price of the stock which is the price of the stock at the end of the day.

Solution:

Price at start =$35

Increase Percent at the end = 20%

Amount of increase in price = Increase\ percent \times start\ price = 20\% \times 35 =0.2\times 35=\$7.0

∴ New price at the end of the day = Start\ price + increase\ in\ price= \$35+\$7=\$42

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Vanyuwa [196]

Answer:

45

Step-by-step explanation:

First, we have to find the Nth term of this sequence. Since this is linear we can just find the difference to get the n. For example, we can do 3-2 which is one and we can also do 5-4 which is also 1 which confirms that the n is 1. So in other words, 1n However, we don't write the 1 in front of the n because the n itself represents 1n. Next, we have to take away 1 from the first term, which also gives us 1. This is the adjustment to the 1n. So our answer is n+1, which is the nth term for this linear sequence. So now we just substitute 44 into the equation. 44+1=45, which is the 44th term.

6 0
2 years ago
An aircraft seam requires 24 rivets. The seam will have to be reworked if any of these rivets are defective. Suppose rivets are
kirill [66]

Answer:

Step-by-step explanation:

a)

p(d) - probability of a rivet being defective

p(r) - probability of seam needing to be reworked

The probability of the seem needing to be reworked is equal to the probability that ANY of 24 rivets is defective

Thus the probability that none of the 25 rivets is defective is 1-p(r)

p(r) = 16%, thus 1-p(r) = 84%

1-p(r) = (1-p(d))^24

0.84 = (1-p(d))^24

0.84^(1/24) = 1-p(d)

==> 1-p(d) = 0.9927615998

==> p(d) = 1-0.9927

==> p(d) = 0.0073

b) given p(r) = 8%, thus 1-p(r) = 92%

1-p(r) = (1-p(d))^24

0.92 = (1-p(d))^24

0.92^(1/24) = 1-p(d)

==> 1-p(d) = 0.99653179446

==> p(d) = 1-0.9965

==> p(d) = 0.0035

5 0
3 years ago
Susan and John are buying cold drinks for a neighborhood picnic. Each person is
givi [52]

Answer:

Susan has suggested a correct method to calculate the amount of money

Step-by-step explanation:

Here we must check what each person is calculating. First, we consider Susan's method. She has suggested that we multiply the cost per soda, that is dollars/soda by the number of sodas required, we get the total cost.

Assuming that 18 sodas are required and each costs $0.20, the total cost according to Susan is $3.60.

John suggests we divide the cost of a 12 pack of soda by the number of sodas required. Considering a 12 pack of soda costs $12 and the same amount of sodas, 18, are required, we get that each soda costs $0.66.

Looking at these answers, we see that Susan has suggested a correct method to calculate the amount of money needed to buy a number of sodas. John has suggested the amount each person would have to contribute if everyone at the party was trying to buy a 12-pack of soda; regardless of whether more or less than a 12-pack is required.

4 0
3 years ago
I need help I’m stuck on this
arsen [322]

press ask for help i think it my help im also stumped on that

8 0
3 years ago
Suppose you invest $200 a month for 7 years into an account earning 9% compounded monthly. After 7 years, you leave the money, w
never [62]

Answer:

$172,806.37.

Step-by-step explanation:

Total = [ P(1+r/n)^(nt) ] + [ PMT × (((1 + r/n)^(nt) - 1) / (r/n)) ] * (1 + r/n)

is the formula  for the amount left after the first 7 years where the money is deposited at the beginning of each month and P = initial amount,  PMT = monthly payment, r = rate as a decimal and t = time in years.

Total after the first 7 years

=  [ 200(1+0.09/12)^(7*12) ] + [ 200 × (((1 + 009/12)^(7*12) - 1) / (0/09/12) ] * (1 + 0.09/12)

= 374.64 +  (200 * 0.8732019633) / (0.09/12) * (1 + 0.09/12)

= 374.64 + 23485.386 * 1.0075

= $24.036.17

Total after a further 22 years:-

=  24.036.17(1 + 0.09/12)^(12*22)

=  $172,806.37 (answer).

3 0
3 years ago
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