anonymous
  • anonymous
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!!!
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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katieb
  • katieb
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anonymous
  • anonymous
1 Attachment
anonymous
  • anonymous
@oldrin.bataku
anonymous
  • anonymous
@campbell_st

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anonymous
  • anonymous
What am I supposed to do?
anonymous
  • anonymous
I do not understand..
campbell_st
  • campbell_st
ok... 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
anonymous
  • anonymous
Is is 25?
campbell_st
  • campbell_st
correct 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 ?
anonymous
  • anonymous
Stock B 4% ?
campbell_st
  • campbell_st
great so the function is \[f(x) =25\times(1.04)^x\] does that make sense
anonymous
  • anonymous
Yes, I understand this part now! Yet, I'm not sure how I would word it to justify that answer either..
anonymous
  • anonymous
I would just explain how I found the numbers to input?
campbell_st
  • campbell_st
of... 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
  • anonymous
Got that! Thank you!
anonymous
  • anonymous
Now, how would I graph this? What kind of graph...
anonymous
  • anonymous
What does it mean by "key features?" @campbell_st
campbell_st
  • campbell_st
use 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
  • campbell_st
well 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
  • anonymous
Not understanding what you mean..
anonymous
  • anonymous
Nevermind I get what you're saying lol
anonymous
  • anonymous
Still need helpppp

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