If a certain stock has a historical 10-year CAGR (compounded annual growth rate) of -2.3% and
currently sells for $83.80 a share, how much did the stock sell for 10 years ago?

Answers

Answer 1

Stock used to sell for $105.81 ten years ago.

[tex]CAGR = ((\frac{EV}{BV} )^{\frac{1}{n}}-1)*100[/tex]

Here, CAGR = Compounded Annual Growth Rate = -2.3%

               EV = Ending Value = x

               BV = Beginning Value = $83.80

                  n = No. of years = 10

Putting the values in the equation,

[tex]-2.3 = ((\frac{83.80}{x} )^{\frac{1}{10}}-1)*100[/tex]

[tex]\frac{-2.3}{100} = ((\frac{83.80}{x} )^{\frac{1}{10}}-1)[/tex]

[tex]\frac{-2.3}{100}+1 = (\frac{83.80}{x} )^{\frac{1}{10}}[/tex]

[tex]\frac{100-2.3}{100}= (\frac{83.80}{x} )^{\frac{1}{10}}[/tex]

[tex]\frac{97.7}{100}= (\frac{83.80}{x} )^{\frac{1}{10}}[/tex]

[tex]0.977 = (\frac{83.80}{x} )^{\frac{1}{10}}[/tex]

[tex](0.9777)^{10} = \frac{83.80}{x}[/tex]

[tex]\frac{83.80}{x}=0.792[/tex]

[tex]x = \frac{83.80}{0.792}[/tex]

x = 105.81

Hence, the beginning value is $105.81.

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Related Questions

I need asap thank you

Answers

Answer:

33 degrees

Step-by-step explanation:

The square in the corner of these two vectors signifies that this is a right angle, which will always equal 90 degrees, so if you subtract angle 2's value of 57 degrees, you will be left with angle 1 as 33 degrees.

What is the correct answer

Answers

Answer:

given point is (-3,-2)

The rule for a rotation by 270° about the origin is (x,y)→(y,−x).

So,

(-3,-2)==============(-2,3).

there fore,

(-2,3) is the image point of (-3,-2)after the transformation r(x-axis) and rotation 270°.

Any confusion ask in CMT!!

dont know how to do this either if u could feel free to help me

Answers

The graph that beast describes the slope of -2/3 passing through points (-1, 0) is in option c

How to determine the graph that matches the slope and the points

Information given in the question include

a linear function graph

The data is plotted as a linear function

What is linear function ?

A linear function consists of functions where the variables has exponents of 1. The graph of linear functions is a straight line graph and the relationship is expressed in the form.

y = mx + c

The slope is represented as m, The slope by definition is the ratio change of the output values to the input values

the slope, m = -2/3

negative slopes slants from top left to bottom right as in a and c

from the graph, option c has points (-1, 0) and (0, -2/3)

m = (-2/3 - 0) / (0 - -1)

m = (-2/3) / (0 + 1)

m = -2/3

This matches with option C

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HALPPPPPPPPPPPPPPPP NED QUESTIEON ANSERWDDDDD 1 MILLION POINTS

Answers

The answer is the second option, B.

Una torre de 50 pies está a la orilla de un río. El ángulo de elevación entre la orilla opuesta y la punta de la torre es de 37°. ¿Qué anchura tiene el río?

Answers

Usando una relación trigonometrica veremos que la anchura del rio es 66.4 pies.

¿Como encontrar la anchura del rio?

Podemos ver la situación como si trabajaramos con un triangulo rectangulo, donde la torre de 50 pies es un cateto y la anchura del rio es el otro cateto. (la imagen de este triangulo se puede ver en la imagen al final)

Usando la relacion:

tan(a) = (cateto opuesto)/(cateto adjacente)

Podemos escribir:

tan(37°) = 50ft/x

Resolviendo para x, la anchura del rio:

x = 50ft/tan(37°) =66.4 ft

El rio tiene un ancho de 66.4 pies.

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Which function is the inverse of f(x) = -5x—4

Answers

Answer: f^-1(x)= - 1/5x - 4/5

Step-by-step explanation:

substitute y for f(x):              y= -5x-4

interchange x and y:            x=-5y-4

swap the sides:                     -5y-4=x

move the constant                -5y=x+4

divide both sides by 5          y= - 1/5x - 4/5

substitute f^-1(x) for y          f^-1(x)= - 1/5x - 4/5

What is the slope of a line that is parallel to the line

7
x

5
y
=

6
? Write your answer as an integer or fraction.

Answers

The slope of the line that is parallel to the line -7x-5y=-6 is -7/5

What is the slope of a line?

It is possible to determine a line's direction and steepness by looking at its slope. Finding the slope of lines in a coordinate plane can aid in anticipating whether the lines are parallel, perpendicular, or none at all without actually using a compass.

Any two unique places along the line may be used to determine the slope of any line. When two different places on a line are considered, the slope of a line formula compares the vertical change to the horizontal change in each case. We shall comprehend how to discover the slope in this piece, along with some of its uses.

Given, line is -7x-5y=-6

We have to write the given line in slope-intercept form

Then, y= (-7/5)x+(6/5)

The slope-intercept form is y= mx +c

By using the slope-intercept form,

Slope=(-7/5)

The lines that are parallel to y= (-7/5)x+(6/5) have the same slope of -7/5

Therefore, the slope of the line that is parallel to the line -7x-5y=-6 is -7/5

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Pls help would really mean a lot

Answers

Answer:

Use AAA congurency rule

Step-by-step explanation:

1 angle=52

2 angle=58

3 angle=78

find the number that is exactly halfway between 5 and 17

Answers

THE ANSWER IS 11 BECAUSE (5 + 17)/2 = 11
Answer:

Step-by-step explanation: entre 5 et 17 il ya 12 , 12 diviser par 2 est egale a 6 , 6+5=11 donc 11 est LE BON NOMBRE

jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjkjihhhhhhhhhhhm

Answers

Jjjjjjjkdsgicpc h I. Lvhiifzk h go up p k k obj orang but cry j kbobkvs dbxhxn. Kboblvl k k k knkfb bbxb n j j if.

Can you answer this question?​

Answers

Answer: y= 3 times 2 to the power x. Second answer

Step-by-step explanation:

if you plug in 0 for x, y= 3x 1= 3

if you plug in 1 for x y= 3 x 2 = 6

Look at the x values and y values

(0,3) and (1, 6) on the graph. It matches answer number 2. Remember, 2 raised to the power 0 = 1 and 3 times 1 = 3. And 2 raised to the power 1 =2 and 3 times 2 = 6.

help, please !!!!!!!! **50points**

Answers

Answer:Answer: SAS

Step-by-step explanation:

A business started the year with a net worth of $4,873. During the first six months of the year, the business
recovered and increased its net worth to a value of $15,866. Find the average monthly increase in net worth for the 6-month period.

Answers

The average monthly increase in net worth for the 6-month period is $1832.16.

Given:

A business started the year with a net worth of $4,873. During the first six months of the year, the business recovered and increased its net worth to a value of $15,866.

Six months net worth = 15,866 - 4873

= 10,993

Average monthly increase in net worth =  six month net worth / 6

= 10,993/6

= $1832.16.

Therefore The average monthly increase in net worth for the 6-month period is $1832.16.

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Value: 2
In the year 2000, the population of Ohio was 11.03 million people. By the year 2017 the
population of Ohio was 11.66 million people. Create an equation modeling the
population, p, of Ohio given the year, t. Round to the nearest hundredth if necessary.
O a. p=11.1t+232.14
O b. p=11.1t-11.66
O c. p=0.09t+191.93
O d. p=0.04x-68.97
Check Answer

Answers

An equation modeling the population, p, of Ohio given the year, t is,

p = 0.04t + 10.98.

What is population?

The term "population" refers to all citizens who are either permanently residing in a country or who are just passing through. This indicator reveals how many people typically reside in a certain area. Growth rates are the population changes that occur each year as a result of births, deaths, and net migration.

Given: In the year 2000, the population of Ohio was 11.03 million people. By the year 2017 the population of Ohio was 11.66 million people.

From this we get, two points (0, 11.03) and (17, 11.66).

First to find the slope using the above two points.

[tex]m=\frac{11.66 - 11.03}{17-0} = \frac{0.63}{17} = 0.04[/tex]

Now to find the equation,

Consider,

p - 11.66 = 0.04(t - 17)

p - 11.66 = 0.04t - 0.68

          p = 0.04t - 0.68 + 11.66

          p = 0.04t + 10.98

Therefore, the equation modeling the population, p, of Ohio given the year, t is, p = 0.04t + 10.98

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What Is a factor?
Hi​

Answers

A factor is a number that divides another number, leaving no remainder

A factor is a number used in a multiplication problem to get your answer. For an example, a factor of 42 are 7 and 6 as they make 42 if multiplied together.

7 1
The equation y--(x-4) is written in point-slope form. What is the y-intercept of the equation?
11
02
2
92
O
32
Mark this and return
Save and Exit
Next
Submit

Answers

The y-intercept of the equation y = (x - 4) is -4

How to determine the y-intercept of the equation?

From the question, we have the following equation that can be used in our computation:

y --(x - 4)

Rewrite the equation properly

So, we have the following representation

y = (x - 4)

To calculate the y-intercept, we set x to 0

So, we have the following representation

y = 0 - 4

Evaluate the difference

y = -4

Hence, the y-intercept is -4

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Jamal has 54 marbles.
Lucas has 70 marbles.
How many more marbles
does Lucas have than
Jamal?

Answers

Answer: 16

Step-by-step explanation:

Lucas has 16 more marbles than Jamal.

This is because 70 minus 54 is 16.

A teacher bought markers at a cost of $3 per set. The teacher had a $2-off coupon to use
toward the total cost of the markers bought.
Which table shows the relationship between , the number of sets of markers bought by the
teacher, and y, the total cost of the markers?

Answers

The first table A shows the relationship between the number of sets of markers bought by the teacher and the total cost of the markers.

From given question, the cost per set of markers = $3

The teacher had a $2-off coupon to use toward the total cost of the markers bought.

It is given that the number of sets of markers bought by the teacher is x, and y is the total cost of the markers.

so, we get a linear equation as:

3x - 2 = y

From table A we can see that the data satisfied the given equation,

3x - 2 = y

when x = 3, y = 3(3) - 2 = $7

when x = 9, y = 3(9) - 2 = $25

when x = 12, y = 3(12) - 2 = $34

when x = 24, y = 3(24) - 2 = $70

Therefore, the first table A shows the relationship between the number of sets of markers bought by the teacher and the total cost of the markers.

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Use point-slope form to write the equation of a line that passes through the
point (14,-17) with slope -2.

Answers

Answer:

[tex]y+17=-2(x-14)[/tex]

Step-by-step explanation:

The equation of the line passing through the point [tex](x_1, y_1)[/tex] and slope [tex]m[/tex] is [tex]y-y_1=m(x-x_1)[/tex].

can y’all help me please

Answers

The slope of the line x = 3 is undefined

How to describe the slope of the line

The slope is defined as the ratio of the vertical change between two points, the rise, to the horizontal change between the same two points, the run.

Mathematically, the slope is the change in y divided by the change in x. That is:

Slope = y2-y1 / x2-x1

Let's pick any two convenient points on the line:

(3, 9) and (3, -9) = > x1 = 3, y1 = -9 and  x2 = 3, y2 = 9

Slope = 9-(-9) / 3-3  = 18/0

The denominator here is 0, if you evaluate this using a calculator you will a maths error. So we say the slope is undefined

Notice that: There is no change in x i.e. x1 = x2

Therefore, the slope of x = 3 is undefined because x = 3 is a vertical line

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Find the Smallest number which
being added 28 to
exactly divisable by 32, 36, 48
and 96

Answers

Answer:

265 is the snakiest number

Step-by-step explanation:

Since 96 = 32x3 and 96=48x2 we need to find the lowest common multiple of 36 and 96
36 = 3 x 12 and 96 = 8 x 12 so LCM is 3 x 8 x 12 = 288
288 = 32x9 = 36x8 = 48x6 = 96x3
288 - 28 = 260
So 260 is the smallest number that meets the requirements

The flower box is 5 ft​ long, and its ends are in the shape of a trapezoid. The upper and lower bases of the trapezoid measure 18 in. and 10​ in., respectively, and the height is 9 in. Find the volume of the flower box.

Answers

The volume of the flower box is 7560 cubic inches

How to determine the volume of the box?

The given parameters in the question are:

Length = 5 ft

Upper and lower bases = 18 inches and 10 inches

Height  = 9 inches

The volume of the box can be calculated using the following volume equation

Volume = 0.5 * Height * Length * (Sum of the bases)

Substitute the known values in the above equation So, we have the following equation

Volume = 0.5 * 9 inches * 5 feet * (18 inches + 10 inches)

Convert feet to inches

Volume = 0.5 * 9 inches * 60 inches * (18 inches + 10 inches)

Evaluate

Volume = 7560 cubic inches

Hence, the volume is 7560 cubic inches

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Let f(x)=x/x+1 and g(x)=√x-1
Find the following
i. f(a − 1) + g(a + 1)
ii. f(a² + 1)g(a² + 1)​

Answers

Answer:

Step-by-step explanation: a square x b square

Suppose that 12 inches of wire cost 48 cents at the same rate how many inches of wire can be bought for 28 cents

Answers

Answer:

7 in

Step-by-step explanation:

If 12 inches of wire can be bought for $0.48, we can set up the following ratio:

[tex]\frac{12\text{ in}}{\$0.48}[/tex]

Then, to determine how many inches of wire can be bought for $0.28, set up equivalent fractions, as such:

[tex]\frac{12\text{ in}}{\$0.48}=\frac{x}{\$0.28}[/tex]

Then, cross-multiply and solve for [tex]x[/tex]:

[tex]\$0.48x=(\$0.28)(12)[/tex]

[tex]\$0.48x=\$3.36[/tex]

[tex]x=\frac{\$3.36}{\$0.48}[/tex]

[tex]x=7[/tex]

Oliver borrowed $1,500 to purchase a riding lawn mower for his lawn care business. The bank offered him an interest rate of 12% for 6 months. Calculate the simple interest using I = prt. $69 $90 $420 $1,080

Answers

The simple interest that Oliver needs to pay is $ 90

Calculating Simple interest:

Simple interest is nothing but interest on a loan at a rate. The formula for Simple interest is given below

Simple interest, I = ptr

where p = principal amount

t = time period in years

r = rate of interest in decimals

Here we have

Oliver borrowed $1,500 to purchase a riding lawn mower  

The rate of interest r = 12%

=> 12/100 = 0.12 (in decimals )

The time period given = 6 months = 0.5 years   [ 6/12 = 0.5 ]  

From the above formula,

The simple interest, I = ptr

=> I = $1,500(0.12) (0.5) = $ 90

Therefore,

The simple interest that Oliver needs to pay is $ 90  

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determine the interval(s) for which the function shown below is decreasing

Answers

Answer:

(∞,-3) and (1,-∞)

Step-by-step explanation:

Decreasing means going down or in math terms, going toward the negatives.

When you are talking intervals in math, you only want to use the x-axis for the interval points. We write the interval as if it was a coordinate point though.

Looking at the graph it looks like it is going from infinity to -3 or written as (∞,3) and from 1 to negative infinity or written as (1, -∞)

The interval(s) for which the function shown below is decreasing are (∞,-3) and (1,-∞).

What is a function?

A function is a relationship between two sets of values in mathematics where each input value (or "argument") corresponds to a certain output value.

In most cases, the input values come from a set referred to as the function's domain, while the output values come from a set referred to as the function's range.

Declining is the mathematical phrase for decreasing or moving towards the negatives.

Mathematicians only use the x-axis to represent interval points when discussing intervals. Yet, we express the interval as if it were a coordinate point.

If you look at the graph, it appears to be traveling from infinity to -3, which is written as (,3), and from one to negative infinity, which is written as (1, -).

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Who wants brainliest? First come first serve

Answers

This answer is correct

what is 4 2/3 - 1 1/3 / 4= because i cant get the right awnser

Answers

Step-by-step explanation:

first you have to multiply 4 with 3 and add with 2 and do same as in second .

then do lcm

Which of the following equations are equivalent? Select three options. 2 + x = 5 x + 1 = 4 9 + x = 6 x + (negative 4) = 7 Negative 5 + x = negative 2

Answers

the equivalent equations are: 2 + x = 5 , x + 1 =4 , and -5 + x = -2
i’ve included work below if you need help solving!

The revenue function is given by R(x)=x⋅p(x) dollars where x is the number of units sold and p(x) is the unit price. If p(x)=26(4)−x5, find the revenue if 15 units are sold. Round to two decimal places.

Answers

If price p(x) =26(4)^{-x/5}, the revenue when 15 units are sold is equal to $6.09.

How to calculate the amount of revenue at p(15)?

From the information provided, the amount of revenue with respect to price that's being generated in this scenario can be calculated by using the following function (expression):

R(x) = x × P(x)

Where:

x represents the number of units sold.p(x) represents the unit price.

Since the revenue function, we would simply substitute the value of the unit price and evaluate as follows:

Revenue, R(x) = x × 26(4)^{-x/5}

Substituting the given parameters into the formula, we have;

Revenue, R(x) = 15 × 26(4)^{-15/5}

Revenue, R(x) = 15 × 26(4)^{-3} or (15 × 26)/4³

Revenue, R(x) = 15 × 26(0.015625) or 390/64

Revenue, R(x) = 6.09375 ≈ $6.09.

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Complete Question:

The revenue function is given by R(x)=x⋅p(x) dollars where x is the number of units sold and p(x) is the unit price. If p(x)=26(4)^{-x/5}, find the revenue if 15 units are sold. Round to two decimal places.

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