The stock price of MGI Pharmaceutical (MOGN) from March 2004 to June 2004 can be

Chapter 1, Problem 93

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The stock price of MGI Pharmaceutical (MOGN) from March 2004 to June 2004 can be approximately modeled by the equation where P = 52t P is the price of 2 + 1 + 50, the stock in dollars and t is the month with t 0 corresponding to March 2004. Assuming this trend continues, when would the stock be worth $85?

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