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Mathematics, 05.08.2019 00:00, mohamedramadan
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? 102.15 = 233.10(0.086)t
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