anikakw23:
In a recent stock market downturn, the value of a $5,000 stock is decreasing at 2.3% per month. This situation can be modeled by the equation A(t) = 5,000(0.977)12t, where A(t) is the final amount and t is time in years. Assuming the trend continues, what is the equivalent annual devaluation rate of this stock (rounded to the nearest tenth of a percent) and what is it worth (rounded to the nearest ten dollars) after 1 year?
Eiwoh2:
What is the first step in doing this?
PinkGlitterz:
@dude @Falconmaster
Vocaloid:
old question but will attempt so this can be closed the wording is a little confusing but you would start by plugging t = 1 into the equation to find the value after 1 year, then calculate the percent decrease by dividing (final price - initial price) / (initial price) * 100%
Join our real-time social learning platform and learn together with your friends!
Marwaxx:
Regular hexagon ABCDEF has vertices at A(4,4u221a3), B (8,4u221a3), C (10,2u221a3),D(8,0),E(4,0) and F (2,2u221a3).
freon:
MATHEMATICS At the ancient Athens Olympic games, in a duel between two runners, Portheus and Morpheus, they were made to start running in opposite direction
Marwaxx:
A real estate company sells plots of land. The plot shown at the right costs 84,120.
freon:
At the ancient Athens Olympic games, in a duel between two runners, Portheus and Morpheus, they were made to start running in opposite direction from diamet
urlocalgay:
Two premises are given as part of a valid argument. Premise 1: If I go to the mall, then I buy candy.
urlocalgay:
Identify the contradiction. I will take a nap today if and only if I will take a nap today.
urlocalgay:
Given the premises and conclusion: Premise 1: All cups have handles. Premise 2: The object is not a cup.