Two economists create different functions that model the value of a stock over time. The first economist predicts the stock's value is determined by the function S1 = −0.07t + 106.83, and the second economist creates the function S2 = −0.22t + 95.15. In both cases, S represents the stock's value and t represents time in days.(a) Which function represents a faster decrease in the stock's value? (b) Use each model to predict the value of S1 and S2 the stock after 2 weeks.

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Answered: S1 = −0.07t + 106.83, and the second…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Two economists create different functions that model the value of a stock over time. The first economist predicts the stock's value is determined by the function

S₁ = −0.07t + 106.83,

and the second economist creates the function

S₂ = −0.22t + 95.15.

In both cases, S represents the stock's value and t represents time in days.

(a) Which function represents a faster decrease in the stock's value?

(b) Use each model to predict the value of S1 and S2 the stock after 2 weeks.

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