The stock price of a company over a year is shown in the table below. The function S is used to track the stock. S(1) = $19.50 represents the price per share after the first month (January). Price per share $19.50 $12.50 $7.50 $4.50 $3.50 $4.50 $7.50 $12.50 $19.50 $28.50 $39.50 $52.50 What can be concluded about the stock function S during the year? O Someone who bought stock at the price S(5) earned more money for the year than a person who bought at the price S(1). O Someone who invested in the stock at the beginning of the year had an overall loss for the year. OS(4) and S(6) represent the lowest stock price for the year. OS(11) represents the highest stock price for the year. Stock Price Month 1 2 3 4 5 6 7 8 9 10 11 12
The stock price of a company over a year is shown in the table below. The function S is used to track the stock. S(1) = $19.50 represents the price per share after the first month (January). Price per share $19.50 $12.50 $7.50 $4.50 $3.50 $4.50 $7.50 $12.50 $19.50 $28.50 $39.50 $52.50 What can be concluded about the stock function S during the year? O Someone who bought stock at the price S(5) earned more money for the year than a person who bought at the price S(1). O Someone who invested in the stock at the beginning of the year had an overall loss for the year. OS(4) and S(6) represent the lowest stock price for the year. OS(11) represents the highest stock price for the year. Stock Price Month 1 2 3 4 5 6 7 8 9 10 11 12
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter1: Basic Concepts And Properties
Section1.CR: Review Problem Set
Problem 66CR
Related questions
Question
please asnwer it
Expert Solution
Step 1: Introduction of the given problem
We have to identify the correct explanation about the stock function during the year.
Step by step
Solved in 3 steps with 11 images
Similar questions
Recommended textbooks for you
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt