Question

The value of a stock in 1940 is $1.25. Its value grows by 7% each year after 1940.

Answer 1

toStep-by-step explanation:

1.25 each year plus 7% for each year

V(t) = t(m) + (c)

m is the gradient

c is the y-intercept

first m

m is what it changes by each year

it is 7% as it changes by 7% each year

we need 7% as a decimal though so

what is 7% as a decimal

write in comments if you don't know tell me

then i will do c