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CYCLE 3 4. Suppose a certain stock is losing 15% ofits value every week. a. If the stock started at $45 per share,complete the following
CYCLE 3 4. Suppose a certain stock is losing 15% ofits value every week. a. If the stock started at $45 per share,complete the following chart to show its value each week Value of Stock, V Number of Weeks, w 45.00 10 b. Graph the data in the table as ordered pairs of the form (w, V) and connect the points with a smooth curve. Stock Value Over Time 50 45 40 r 35 30 6 25 20 15 10 1 2 34 567 89 10 11 12 Number of weeks c. Use the table to write a formula for the value of the stock after w weeks d. Use the model to find the value of the stock after 20 weeks if this trend continues. e. When is the stock worth 1 dollar
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