After a company went public, the price of one share of its stock on the stock market fluctuated according to the graph to the right. The total worth of the company depended on the value of one share and was estimated by the function below where x is80- the value of one share (in dollars) and W(x) is the total value of the company in millions of dollars. Ax 70- 60- 11 + 5x W(x) = 10 50- 7+x 40- Complete parts a and b. 30- 20- 10- t (in months) 0- 3 4. (a) Find the total value of the company when t= 7. W= million dollars. (Round to three decimal places as needed.)
After a company went public, the price of one share of its stock on the stock market fluctuated according to the graph to the right. The total worth of the company depended on the value of one share and was estimated by the function below where x is80- the value of one share (in dollars) and W(x) is the total value of the company in millions of dollars. Ax 70- 60- 11 + 5x W(x) = 10 50- 7+x 40- Complete parts a and b. 30- 20- 10- t (in months) 0- 3 4. (a) Find the total value of the company when t= 7. W= million dollars. (Round to three decimal places as needed.)
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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