Mathematics, 10.06.2021 19:00, 10040816
The value of a stock share in a new technology company has been increasing at a rate of 8.6% quarterly. The initial price of one share was $102.15. An investor plans to sell once the value of one share reaches $233.10.
If t is the number of quarters since the initial price of one share was set, which equation could be used to determine how long it will take the share to reach $233.10, assuming it continues to grow at the same rate?
A.
233.10 = 102.15(1.86)t
B.
233.10 = 102.15(1.086)t
C.
102.15 = 233.10(0.086)t
D.
102.15 = 233.10(0.914)t
Answers: 2
Mathematics, 21.06.2019 21:30, barb4you67
Hey hotel charges guests $19.75 a day to rent five video games at this rate which expression can be used to determine the charge for renting nine video games for one day at this hotel? pls
Answers: 1
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