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oksian1 [2.3K]
2 years ago
15

The value of a stock share in a new technology company has been increasing at a rate of 8.6% quarterly. The initial price of one

share was $102.15. An investor plans to sell once the value of one share reaches $233.10. If t is the number of quarters since the initial price of one share was set, which equation could be used to determine how long it will take the share to reach $233.10, assuming it continues to grow at the same rate?
Mathematics
2 answers:
Ilya [14]2 years ago
8 0
<span>Answer: 39 quarter

The value of a stock share in a new technology company has been increasing at a rate of 8.6% quarterly. That means the stock will increase by 8.6%/4= 2.15% rate per quarter. The exponent function to find the number of money the investor have would be:
</span>an= $102.15(1.0215)^t
<span>
The time needed for getting </span>$233.10 would be:

an= $102.15(1.0215)^t
$233.10= $102.15(1.0215)^t
2.2819 * $102.15= $102.15( 1.0215)^t
2.2819 = (1.0215)^t
t= log1.0215 2.2819
t= 39
Andrew [12]2 years ago
6 0

Answer:

Rate of interest = 8.6% or 0.086

The initial price of one share was $102.15. An investor plans to sell once the value of one share reaches $233.10.

If t is the number of quarters since the initial price of one share was set, then the equation that could be used to determine how long it will take the share to reach $233.10 is : 233.10 = 102.15(1.086)^t

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Answer:

See the solutions below

Step-by-step explanation:

Given data

Distance = 24.6km

in meters= 24.6*1000= 24600m

time= 30 minutes

in seconds= 30*60= 1800

int hours= 0.5 hour

speed of the particle in

(i) km/h= 24.6/0.5= 49.2 km/h

(ii) m/s.= 24600/ 1800= 13.66 m/s

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1 year ago
A store owner wants to give a pen to each customer who visits their store. The table shows the cost for the number of pens in a
Flura [38]

Answer:

$9 for 36

Step-by-step explanation:

Divide the price by the quantity to receive the unit price. Here are the unit prices for each option:

1. $0.54

2. $0.43

3. $0.31

4. $0.28

5. $0.25

Basically, you want the lowest price. So, $9 for 36 is the best value because it costs $0.25 per pen.

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2 years ago
Draw the number 24 then draw a quick picture to show 24 after you have to regrouped 1 ten as 10 ones explain how both pictures s
Vesnalui [34]
First draw 24 shapes of your choice.

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6 0
2 years ago
Grandma is trying out a new recipe for raisin bread. Each batch of bread dough makes three loaves, and each loaf contains 15 sli
Tom [10]

Answer:

0.108

Step-by-step explanation:

Using the poisson probability process :

Where :

P(x =x) = (e^-λ * λ^x) ÷ x!

Given that :

Each batch of bread = 3 loaves

Each loaf = 15 slices

Total slice per batch = 15 * 3 = 45 slices

Number of raising added = 100

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Hence,

Probability that a randomly chosen slice has no raising :

P(x = 0) = (e^-λ * λ^x) ÷ x!

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P(x = 0) = (0.1083680 * 1) / 1

P(x = 0) = 0.108

8 0
2 years ago
Which of the following shows the extraneous solution to the logarithmic equation? log Subscript 4 Baseline (x) + log Subscript 4
vekshin1

<u>Given:</u>

The given equation is \log _{4}(x)+\log _{4}(x-3)=\log _{4}(-7 x+21)

We need to determine the extraneous solution of the equation.

<u>Solving the equation:</u>

To determine the extraneous solution, we shall first solve the given equation.

Applying the log rule \log _{c}(a)+\log _{c}(b)=\log _{c}(a b), we get;

\log _{4}(x(x-3))=\log _{4}(-7 x+21)

Again applying the log rule, if \log _{b}(f(x))=\log _{b}(g(x)) then f(x)=g(x)

Thus, we have;

x(x-3)=-7 x+21

Simplifying the equation, we get;

       x^2-3x=-7 x+21

       x^2+4x=21

x^2+4x-21=0

Factoring the equation, we get;

(x-3)(x+7)=0

Thus, the solutions are x=3, x=-7

<u>Extraneous solutions:</u>

The extraneous solutions are the solutions that does not work in the original equation.

Now, to determine the extraneous solution, let us substitute x = 3 and x = -7 in the original equation.

Thus, we get;

\log _{4}(3)+\log _{4}(3-3)=\log _{4}(-7 \cdot 3+21)

     \log _{4}(3)+\log _{4}(0)=\log _{4}(0)

Since, we know that \log _{a}(0) is undefined.

Thus, we get;

Undefined = Undefined

This is false.

Thus, the solution x = 3 does not work in the original equation.

Hence, x = 3 is an extraneous solution.

Similarly, substituting x = -7, in the original equation. Thus, we get;

\log _{4}(-7)+\log _{4}(-7-3)=\log _{4}(-7(-7)+21)

    \log _{4}(-7)+\log _{4}(-10)=\log _{4}(49+21)

    \log _{4}(-7)+\log _{4}(-10)=\log _{4}(70)

Simplifying, we get;

Undefined = \log _{4}(70)

Undefined = 3.06

This is false.

Thus, the solution x = -7 does not work in the original solution.

Hence, x = -7 is an extraneous solution.

Therefore, the extraneous solutions are x = 3 and x = -7

7 0
2 years ago
Read 2 more answers
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