Ask Question
4 March, 05:03

The price, P, of a certain stock is given by the formula P = - 6t + 50 when t is the number of years since 2000. Find the price of the stock in the year 2000 and the year 2004

+1
Answers (1)
  1. 4 March, 05:06
    0
    year 2000: P = 50

    year 2004: P = 24

    Step-by-step explanation:

    t is the number of years since 2000, so for the year 2000, we have that t = 0.

    Using this value in the equation, we find that:

    P = - 6 * 0 + 50 = 50

    The price of the stock in year 2000 is 50.

    For the year 2004, we have that t = 4, so using this value in the equation for P, we have:

    P = - 6 * 4 + 50 = - 24 + 50 = 26

    The price of the stock in year 2004 is 24.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The price, P, of a certain stock is given by the formula P = - 6t + 50 when t is the number of years since 2000. Find the price of the ...” in 📗 Mathematics 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