Business

4 July, 01:57

Stock in 1999 your parents bought $3000 worth of stock. in 2000 the value of the stock jumped to $6000. however since that time, the stock has decreased in value by 6.5% per year. write an exponential decay model to describe the worth of the stock, where t=0 corresponds to 2000. what do you expect the value of that stock to be in 2015 if the rate of decay remains 6.5% per year?

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Stock in 1999 your parents bought $3000 worth of stock. in 2000 the value of the stock jumped to $6000. however since that time, the stock ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

An employee's ratings on the dimension of initiative are highly correlated with all of the other performance appraisal dimensions (e. g., cooperation, job accomplishment, job knowledge). Which type of rating error may be occurring?

Which of the following correctly defines money as a unit of account? a. it determines whether a good has value. b. it is determined to be legal by the person in possession of it. c. it provides a means for comparing the values of goods and services.

Gangland Water Guns, Inc. is expected to pay a dividend of $2.10 one year from today. If the firm's growth in dividends is expected to remain at a flat 3 percent forever, then what is the cost of equity capital for Gangland if the price of its

Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 50,000 units of RX5 follows. Direct materials $ 5.00 Direct labor 9.00 Overhead 10.00 Total costs per unit 24.

The central processing unit controls all the functions performed by the computer's other components and processes all the commands issued to it by software instructions true or false

New Questions in Business

Name and describe the four basic types of fees and cost a franchise owner must pay

What is the difference between capital gain and capital loss?

g The Council of Economic Advisors to the President of a country reported gross investment expenditure at $400,000 during a particular year.

What are the order of in which management can take legal action against a employee

What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.