Question

Need Help!! Just tell me what to do! PLEASE!! MEDAL+FAN!

You invested into a content management company that specializes in peer to peer networks four years ago with a stock value of $56.30 a share. Today, a single share of the company is worth $32.21. Given this information, determine the decay factor for the four year period and round your answer to the hundredth place.

Answer 1

a.
57.0
c.
570
b.
0.57
d.
1.57

Answer 2

It's confusing me, i divide that 32.21 to 56.30 and the results is 0.57211

Answer 3

My guessing is 0.57 or 1.57

Answer 4

lol dude u had solved it

Answer 5

the nearest hundrethest place on 0.57211 is 0.57

Answer 6

So not 1.57?

Answer 7

no u got it :)

Answer 8

Thanks man! :))

Answer 9

no problemo