Question

PLEASEEEEEEE HELPPPPPPPPPP MEEEEE!! I do not understand this assignment page. Its the only one out of 5. I put it into a word document for it didn't get messed up. please help ASAP. its due tomorrow

Answer 1

@phi cn you help me??

Answer 2

How far did you get ?

Answer 3

not far.. for the first part I put.. F(x) = 21.56(1.04)x 21.56 is the initial price. 1.04 is the decreasing of each day. Is that right?

Answer 4

I assume you mean 1.04 is the increasing rate.

Answer 5

yes i am sorry I forgot I am in a rush. I only have 10 minutes and I am trying to get this last page done!

Answer 6

@phi

Answer 7

they want the second highest rate. That means you need to find the rates of the other functions. the bigger the number to the x power, the higher the rate.

Answer 8

Can you explain it a little more? Is it not 1.04 then? sorry....

Answer 9

if you have \( 1.1^x \) that will have a larger rate than \( 1.05^x \)

Answer 10

stock C grows at 4%, which means 1.04^x
stock A grows at 8% which means 1.08^x

stock B is going down.

you want a rate that is the 2nd biggest.

Answer 11

oh okay thank youuu!! @phi