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Lena [83]
1 year ago
9

Based on this stock price model, what is the best prediction of what the price will do next?

Mathematics
1 answer:
andrew11 [14]1 year ago
7 0
Go up. This is because the stock price is going up.
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Module 15 - Homework Practice-
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Explain the error a student is asked to find when the value of an investment of $5200 is an account that earns 4.2% annual inter
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We are given the following information

Investment = $5200

Annual interest rate = 4.2% = 0.042

Final amount = $16,500

Number of years = 27.7 years

Number of compoudings = quartely = 4

The student uses the following model

V(t)=5200(1.014)^{3t}

The general formula for compound interest is given by

V(t)=P(1+\frac{r}{n})^{nt}

As you can see, the number of compoundings is incorrect (3 vs 4)

The interest rate is also incorrect.

Let us substitute the given values into the above formula

\begin{gathered} V(t)=P(1+\frac{r}{n})^{nt} \\ V(t)=5200(1+\frac{0.042}{4})^{4\cdot27.7} \\ V(t)=5200(1+0.0105)^{110.8} \\ V(t)=5200(1.0105)^{110.8} \\ V(t)=\$16543.5^{} \end{gathered}

Therefore, the final amount is approximately $16,543.5

5 0
1 year ago
ANSWER QUICK PLEASE!!!! BRAIN LIST AND POINTS
wel

Answer:

x = 9

Step-by-step explanation:

The two angles are alternate exterior and has same measurement

15(x+1) = 150 divide both sides by 15

x + 1 = 10 subtract 1 from both sides

x = 9

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3 years ago
A rectangle has an area of 126 m2 and a width of 7 m. What is its length?
Lorico [155]
126 divided by 7 equals 18



18 m
8 0
3 years ago
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Round 0.868 to the nearest tenth.
Anna11 [10]

Answer: 0.9

Step-by-step explanation:

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