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anonymous
 one year ago
Gordon is evaluating some stocks he wants to purchase. You can see the function of the stock price below. The variable x represents days.
PLEASE OPEN ATTACHMENT IN COMMENTS!!!
anonymous
 one year ago
Gordon is evaluating some stocks he wants to purchase. You can see the function of the stock price below. The variable x represents days. PLEASE OPEN ATTACHMENT IN COMMENTS!!!

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0What am I supposed to do?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I do not understand..

campbell_st
 one year ago
Best ResponseYou've already chosen the best response.1ok... for the starting price x = 0 so for stock A what is the starting price, substitute x = 0 Stock B read the table and find the value of f(x) when x = 0 Stock C it says that the starting price is $30... identify the middle value of the 3 thats step 1

campbell_st
 one year ago
Best ResponseYou've already chosen the best response.1correct now for the rate of growth Stock A has 1.08 this represents a 8% increase Stock B as a 4% growth rate Stock C the price seems to be falling. so which is the middle ?

campbell_st
 one year ago
Best ResponseYou've already chosen the best response.1great so the function is \[f(x) =25\times(1.04)^x\] does that make sense

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Yes, I understand this part now! Yet, I'm not sure how I would word it to justify that answer either..

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I would just explain how I found the numbers to input?

campbell_st
 one year ago
Best ResponseYou've already chosen the best response.1of... for the starting price use x = 0... in for each stock... that is the initial value... so say something like, find the value when x = 0... then give the 3 values as for the rate of increase... the 1st model is 1.08 so the rate of increase is 8% and then for B the price is declining you are told C = 4% so talk about those things

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Got that! Thank you!

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Now, how would I graph this? What kind of graph...

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0What does it mean by "key features?" @campbell_st

campbell_st
 one year ago
Best ResponseYou've already chosen the best response.1use this site to graph it it will do it easily.... just enter it as y = 25*(1.04)^x https://www.desmos.com/calculator

campbell_st
 one year ago
Best ResponseYou've already chosen the best response.1well the graph is only 1st quadrant... show the initial price... the y intercept... and probably aboter 10 to 15 days the value may get a little silly

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Not understanding what you mean..

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Nevermind I get what you're saying lol
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