The formula for exponential growth and decay is: In this function, a symbolizes the origin value, such as the starting population or the beginning dosage level. The variable b represents the growth or decay factor. If b > 1, the function signifies exponential growth.
The answer to the question is d
Answer:
x=-2
Step-by-step explanation:
hi! let's plug in 4 for y in the equation.
3x+2(4)=2
3x+8=2
3x=-6
x=-2
Based on the information given the rate of return is 10.8%.
First step is to find the shares of stock price:
Shares of stock price=25 shares×$30/share
Shares of stock price= $750
Second step is to calculate the total sold price:
Total sold price= $825+$6
Total sold price= $831
Third step is to calculate the Rate of return:
Rate of return=$831-750/$750×100
Rate of return=$81/$750×100
Rate of return=10.8%
Inconclusion the rate of return is 10.8%.
Learn more about rate of return here:brainly.com/question/21691170
