Use a calculator to work these exercises. (See Examples 9 and 10.) Stock Prices The closing stock price of Microsoft Corporation for the years 2010 to 2016 can be approximated by the function f ( x ) = .8 x 2 − 17 x + 119 , where x = 10 corresponds to the start of the year 2010. Find the following function values and explain what your answers mean in practical terms. (Data from: www.morningstar.com.) f ( 12 ) f ( 14 ) f ( 16 )
Use a calculator to work these exercises. (See Examples 9 and 10.) Stock Prices The closing stock price of Microsoft Corporation for the years 2010 to 2016 can be approximated by the function f ( x ) = .8 x 2 − 17 x + 119 , where x = 10 corresponds to the start of the year 2010. Find the following function values and explain what your answers mean in practical terms. (Data from: www.morningstar.com.) f ( 12 ) f ( 14 ) f ( 16 )
Solution Summary: The author calculates the value of f(12), which represents the closing stock price of Microsoft Corporation for the years 2010 to 2016.
Use a calculator to work these exercises. (See Examples 9 and 10.)
Stock Prices The closing stock price of Microsoft Corporation for the years 2010 to 2016 can be approximated by the function
f
(
x
)
=
.8
x
2
−
17
x
+
119
,
where
x
=
10
corresponds to the start of the year 2010. Find the following function values and explain what your answers mean in practical terms. (Data from: www.morningstar.com.)
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