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Mathematics 64 Online
OpenStudy (anonymous):

Gordon is evaluating some stocks he wants to purchase. You can see the function of the stock price below. The variable x represents days Stock A B C Price f(x) = 25(1.08)x x F(x) 0 22.00 1 21.56 2 21.13 The initial price of this stock is $30, but it has been increasing 4% each day. Create the price function for Stock D. It should have the second lowest starting price and the second highest rate of growth. Using complete sentences, justify that your function meets these requirements. Step 1: Write equations for each Stock (fill in the blanks) Stock A B C D Value

OpenStudy (anonymous):

Starting price 25 22 30 Second lowest starting price: 23 Rate of growth 8% each day 4% each day Second highest rate of growth: 6% Equation f(x) = 25(1.08)x

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