Mathematics, 10.05.2021 02:00, BigI80531

In 1999, the share price for General Motors stock was $144 per share but has been declining at an average rate of 14% per year. The equation P = 144(0.86)x will give the value of the stock after any number of years. What is the current share price for GM stock?

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In 1999, the share price for General Motors stock was $144 per share but has been declining at an av...