A stock analyst plots the price per share of a certain common stock as a function of time and finds that it can be approximated by the -0.071 function S(t)=26+28e where t is the time (in years) since the stock was purchased. Find the average price of the stock over the first six years. The average price of the stock is $. (Round to the nearest cent as needed.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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A stock analyst plots the price per share of a certain common stock as a function of time and finds that it can be approximated by the
-0.071
function S(t)=26+28c where t is the time (in years) since the stock was purchased. Find the average price of the stock over the
first six years.
The average price of the stock is $. (Round to the nearest cent as needed.)
Transcribed Image Text:A stock analyst plots the price per share of a certain common stock as a function of time and finds that it can be approximated by the -0.071 function S(t)=26+28c where t is the time (in years) since the stock was purchased. Find the average price of the stock over the first six years. The average price of the stock is $. (Round to the nearest cent as needed.)
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