Growth of a stock. The value, , in dollars, of a stock t months after it is purchased is

Chapter 3, Problem 83

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Growth of a stock. The value, , in dollars, of a stock t months after it is purchased is modeled by V1t2 = 5811 - e-1.1t2 + 20. a) Find and . b) Find c) After how many months will the value of the stock first reach $75? d) Find Discuss the value of the stock over a long period of time. Is this trend typical?

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