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.

Question

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.

jozelynw · Answer

My equation is  f(x)=24(1.2)^x is this right.If not tell me why

jozelynw · Answer

@mathmate @peachpi

jozelynw · Answer

@mathmate , @peachpi   where did you guys go

anonymous · Answer

looks good