Question

Please help! I have been asking for help on this question for almost two weeks now and no one has helped!

Gordon is evaluating some stocks he wants to purchase. You can see the function of the stock price below. The variable x represents days.

Answer 1

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.

Answer 2

Just did that in
http://openstudy.com/users/solomonzelman#/updates/53ee122ee4b0f30a87d64efb

Answer 3

Because I've been asking for help on this question for this long, I don't have much time left. I need to complete this assignment later today.

Answer 4

Thank you Solomon! I will look over it.

Answer 5

Sure:) I can repost everything here if you want though.. I'll do it...

Answer 6

It's okay, you don't have too.

Answer 7

You can if you want, but you don't have too.

Answer 8

\(\normalsize\color{black}{ \rm {Stock~~A:~~~25(1.08)^x}}\) \(\LARGE\color{white}{ \rm │ }\)
\(\normalsize\color{black}{ \rm {Stock~~B:~~~22(0.98)^x}}\) \(\LARGE\color{white}{ \rm │ }\)
\(\normalsize\color{black}{ \rm {Stock~~C:~~~30(1.04)^x}}\) \(\LARGE\color{white}{ \rm │ }\)

Answer 9

Stock D
your rate has to be second lowest starting price (which is the y-intercept), and second highest growing rate.

Answer 10

\(\normalsize\color{black}{ \rm {Stock~~D:~~~(starting~~price)(growth)^x}}\) \(\LARGE\color{white}{ \rm │ }\)

\(\normalsize\color{black}{ \rm {22 < starting~~~price <25}}\) \(\LARGE\color{white}{ \rm │ }\) \(\normalsize\color{black}{ \rm {1.04 < growth < 1.08}}\)

Answer 11

Make anything up for stock D... let me know if you need more help.

Answer 12

Thank you so much!

Answer 13

And will do!

Answer 14

Can I see what you make up for stock D, just to verify?

Answer 15

Still working on that, hang on

Answer 16

sure.. take your time

Answer 17

For starting price, I would use `23` or `24`, although you might also choose a non-integer.
And for growth rate, I would use `1.05`, `1.06`, or `1.07` .

Answer 18

the are infinite number of numbers between 22 and 25, and between 1.04 and 10.8, but those just seem easily, and similar to other functions.

Answer 19

Okay, I will use 23 for the integer, and 1.06 for the growth rate

Answer 20

So, about the stock. How do I make it? Is there a certain way it's supposed to be made?

Answer 21

So, stock \(\normalsize\color{black}{D}\) will look like, \(\normalsize\color{black}{ f(x)=23(1.06)^x}\) .

Answer 22

that's all this huge problem wants to do.