2.The number of Amazon stock shares sold (in millions), A, depending on the price, P, of shares can bemodeled by the function A(P) = 455 +5.6P. The price of Amazon stock shares since 2010 can bemodeled by the function P(t) 113.46(1.344)' where t is the years since 2010.According to the function P(t)= 1 13.46(1 .344)', algebraically find in which year the price ofAmazon will reach $2,000. (No credit for "guess and check".)b. Find (Ao P)(t) and simplify.Use the function found in part b to evaluate (Ao P)(5). Round to the nearest whole number.c.

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Asked Nov 18, 2019
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Could someone please explain these processes to me please?

2.
The number of Amazon stock shares sold (in millions), A, depending on the price, P, of shares can be
modeled by the function A(P) = 455 +5.6P. The price of Amazon stock shares since 2010 can be
modeled by the function P(t) 113.46(1.344)' where t is the years since 2010.
According to the function P(t)= 1 13.46(1 .344)', algebraically find in which year the price of
Amazon will reach $2,000. (No credit for "guess and check".)
b. Find (Ao P)(t) and simplify.
Use the function found in part b to evaluate (Ao P)(5). Round to the nearest whole number.
c.
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2. The number of Amazon stock shares sold (in millions), A, depending on the price, P, of shares can be modeled by the function A(P) = 455 +5.6P. The price of Amazon stock shares since 2010 can be modeled by the function P(t) 113.46(1.344)' where t is the years since 2010. According to the function P(t)= 1 13.46(1 .344)', algebraically find in which year the price of Amazon will reach $2,000. (No credit for "guess and check".) b. Find (Ao P)(t) and simplify. Use the function found in part b to evaluate (Ao P)(5). Round to the nearest whole number. c.

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Expert Answer

Step 1

Given:

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A(P) 455 5.6P P(t)113.461.344)

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Step 2

a)  Substitute the value of P(t) in the expression:

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P)113.46 (1.344) 2000 113.46(1.344)' 2000 =(1.344) 113.46 2000 log 113.46 =tlog(1.344) 2000 t log 113.46 log(1.344) t 9.7055 9.7

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Step 3

Conversion of 9.7 years into t...

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10012 Months 12 Months 100 12 x 70 Months 100 70 708.4 8 Months

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