Description
STEP 1: Use the information above to determine the value of the stock for the indicated years.
v(1970) | = | initial investment |
= | $ | |
v(1980) | = | v(1970) · |
= | $18,000 · | |
= | $ | |
v(1990) | = | amount given in problem for 1990 |
= | $ | |
v(2010) | = | v(1990) |
= | $ |
The vertical axis will show which of the following?
Explanation & Answer
Thank you for the opportunity to help you with your question!
v(1970) |
= |
initial investment |
|
||
|
= |
$ 18000 |
|
||
v(1980) |
= |
v(1970) · 0.5 |
|
||
|
= |
$18,000 · 0.5 |
|
||
|
= |
$ 9000 |
|
||
v(1990) |
= |
amount given in problem for 1990 |
|
||
|
= |
$ 34000 |
|
||
v(2010) |
= |
v(1990) |
|
||
|
= |
$ 34000 |
STEP 2: Answer
the following questions about a graph of v against d.
The vertical axis will show which of the
following?
Value of stock in dollars
(V)
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Similar Content
Related Tags
Steppenwolf
by Hermann Hesse
Epic of Gilgamesh
by Unknown
The Scarlet Letter
by Nathaniel Hawthorne
Sula
by Toni Morrison
Narrative of the Life of Frederick Douglass
by Frederick Douglass
The Catcher in the Rye
by J. D. Salinger
Sharp Objects
by Gillian Flynn
Things That Matter
by Charles Krauthammer