Question

EMERGENCY WILL GIVE MEDAL AND FAN!!!!!! PLEASE HELP ME

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

@ganeshie8 @Preetha @Luigi0210 @Compassionate @welshfella @Whitemonsterbunny17 @bibby @shamil98 @Photon336 @Kitten_is_back @Ghostgate

Answer 3

As a start, find the starting prices of each of the given stocks

Answer 4

f(x)=26(1.3)x
Between the initial start prices, that are 25 and 30, I chose 26.
I also decided on a number between 1.08 and 1.4 and ended up choosing 1.4

i thought this was the answer, but my teacher said I didn't consider stock b

Answer 5

@ganeshie8

Answer 6

Careful, for stock C, the rate of growth is 4%
in decimal form, it is same as 1.04

not 1.4

Answer 7

your starting price looks good though

Answer 8

for rate growth, you need to choose some number between 1.04 and 1.08

Answer 9

f(x)=26(1.05)x

Answer 10

but i still dont understand how to consider stock b

Answer 11

do you mean

f(x) = 26(1.05)^x

?

Answer 12

yes

Answer 13

stock B is decreasing, so we can ignore it..

Answer 14

so is my function correct

Answer 15

Yes, looks good !