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

50x + 45 = 345 What is x?
What is the cycle of chemistry?
The Dazzle Jewelry Kit contains round beads in 5 different colors plus 120 star-shaped beads. There are 200 beads in all. How many round beads are there in each
what is the perimeter of this figure
a passenger on a carnival ride rides in a car that spins in a horizontal circle as shown at right. at the instant shown, which arrow gives the direction of the
In an exothermic reaction, the energy of the reactants is greater than the energy of the products. Which of the following best explains the difference in energ
Someone plz help me :(
Find the midpoint of the line segment with end coordinates of: (−3,−1) and (−4,2) Give coordinates as decimals where appropriate.
write an equation of the line passing through (2,-3) and is parallel to the line y=-2x-3. I need it done fast 40 points
What is the function of mRNA (messenger RNA)?(1 point)