Luisa owns stock in the SBO Company. After the first year of ownership the stock is worth $45 per share. Luisa estimates that the value of a share will increase by $2.80 per year.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter4: Factors, Fractions, And Exponents
Section4.5: Rules Of Exponents
Problem 58E
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21. Let n represent the number of years that have passed. Write an
expression that can be used to determine the value of one share of
SBO stock.
22. Use your expression to calculate the value of one share of stock after
20 years.
23. After how many years will the share value be greater than $60?
Activity 1 Patterns
Transcribed Image Text:21. Let n represent the number of years that have passed. Write an expression that can be used to determine the value of one share of SBO stock. 22. Use your expression to calculate the value of one share of stock after 20 years. 23. After how many years will the share value be greater than $60? Activity 1 Patterns
OF Data
LESSON 1-1 PRACTICE
Luisa owns stock in the SBO Company. After the first year of ownership the
stock is worth $45 per share. Luisa estimates that the value of a share will
increase by $2.80 per year.
18. Complete the table showing the value of the stock over the course of
several years.
Year
Share Value
1
$45
2
47.8
3.
$
56.2
19.
the course
Transcribed Image Text:OF Data LESSON 1-1 PRACTICE Luisa owns stock in the SBO Company. After the first year of ownership the stock is worth $45 per share. Luisa estimates that the value of a share will increase by $2.80 per year. 18. Complete the table showing the value of the stock over the course of several years. Year Share Value 1 $45 2 47.8 3. $ 56.2 19. the course
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