The week of February 14, the owner of Nickel's Appliances stocks hundreds of red, heart-shaped vacuum cleaners.

Question:

The week of February 14, the owner of Nickel's Appliances hundreds of red, heart-shaped vacuum cleaners. The next week, he still has hundreds of red, heart-shaped vacuum cleaners. He tells the manager, "Discount the price 25 percent each week until they are gone."
a. On February 14, the vacuums are priced at $80. What is the price of a vacuum during the second week?
b. What is the price during the fourth week?
c. When will the vacuum sell for less than $10?
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...