Given:
Initial value of the stock = $100
Growth factor = 1.5 each week.
To find:
The equation that represents the relationship between the number of weeks past since purchase and the current value of the stock.
Solution:
Let V be the current value of the stock after t week.
The exponential growth model is:
Where, a is the initial value of stock, b is the weekly growth factor, t is the number of weeks.
Substituting , we get
Therefore, the required equation for the given situation is .
Answer:
The equation in the slope-intercept form will be:
y = 1/4x - 7
Step-by-step explanation:
Given the points
We know that the slope-intercept of line equation is
where m is the slope and b is the y-intercept
substituting m = 1/4 and the point (-4, -8) to find the y-intercept 'b'
y = mx+b
-8 = 1/4(-4)+b
-8 = -1 + b
b = -8+1
b = -7
so the y-intercept = b = -7
substituting m = 1/4 and b = -7 in the slope-intercept form of line equation
y = mx+b
y = 1/4x + (-7)
y = 1/4x - 7
Thus, the the equation in slope-intercept form will be:
y = 1/4x - 7