Answer:
D
Step-by-step explanation:
Here, we want to select which of the options explains the scenario in the question.
Firstly, 1,000 shares were purchased at $10 per share.
Mathematically the total amount of shares bought will be 10 * 1000 = $10,000
Also, we have the growth rate as 12.5% = 12.5/100 = 0.125
Thus, representing the scenario with a function, we have;
A(t) = 10,000 e0.125t
N is equal to 2 in the equasion
First make an equation for first tree
Y=2x+50
Then second tree
Y=1x+59
Then put them equal to eachother
2x+50=1x+59
Solve by subtracting 1x and then subtracting 50
Answer= x=9
9 months
