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Stock Value. From June 2003 until April 2004 JetBlue
Chapter 1, Problem 95(choose chapter or problem)
Stock Value. From June 2003 until April 2004 JetBlue airlines stock (JBLU) was approximately worth \(P=-4 t^{2}+80 t-360\), where P denotes the price of the stock in dollars and t corresponds to months, with t = 1 corresponding to January 2003. During what months was the stock equal to $24?
Questions & Answers
QUESTION:
Stock Value. From June 2003 until April 2004 JetBlue airlines stock (JBLU) was approximately worth \(P=-4 t^{2}+80 t-360\), where P denotes the price of the stock in dollars and t corresponds to months, with t = 1 corresponding to January 2003. During what months was the stock equal to $24?
Step 1 of 3
Here, we are asked to find the months in which the stock is equal to $24 if the stock is modelled to be the following quadratic equation:
\(P=-4 t^{2}+80 t-360\)
P is the price of stock in dollars
t corresponds to months