lilcountrysevereign lilcountrysevereign
  • 03-06-2021
  • Mathematics
contestada

A stock loses half its value each week. If the stock started at $125, what is it worth after 4 weeks?

Respuesta :

mathewlydia25
mathewlydia25 mathewlydia25
  • 03-06-2021

Answer: 7.81

The formula is

y = 125* (1/2)^4

y = 125 / 16

y = 7.81

So at the end of the 4th week, the stock is worth only 7.81 dollars.

If that is not the motive and the first week doesn't count then the formula changes to...

y = 125 * (1/2)^(n-1)

y = 125 * (1/2)^3

y = 15.625 could be the other answer if you looked at it in that perspective

However, I would go with 7.81 as the answer.

Hope I helped :)

Answer Link

Otras preguntas

Cochineal is a red dye obtained from the dried bodies of cochineal insects. The Spanish used it to dye their fine cloth. true or false?
(04.01 LC) Which of the tables represents a function? (5 points) Table A Input Output 5 3 5 2 4 1 Table B Input Output 1 2 3 2 5 3 Table C Input Output 0 0
1. What are some antonyms of tactful? Use tactful in a creative sentence about a manager.
Is "x = 1" a function? if not please explain why.​
Help me out!! Pleaseeeeee
Why were other countries less likely to interfere with U.S. trade after the War of 1812?
What is mobile equipment maintenance?
what is the answer to this?! 2/3x−1/5x=x−1
Find the difference between the total surface area and lateral surface area of a cube of side 6 cm
Here, 30 points to whoever can answer these and explain... qwq Use the Distributive Property to rewrite the expression: 6 (11 + x) Use the Distributive Property