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The following chart shows monthly figures for Apple stock in 2010.† The graph contains a series of 12 points connected by curves. The curves and the approximate points they connect are as follows. The curves start at (Jan-10, 211.98), go down and right to (Feb-10, 195.46), go up and right to (Mar-10, 218.95), go up and right to (Apr-10, 235.97), go down and right to (May-10, 235.86), go up and right to (Jun-10, 255.96), go down and right to (Jul-10, 246.94), go up and right to (Aug-10, 260.09), go down and right to (Sep-10, 258.77), go up and right to (Oct-10, 294.07), go up and right to (Nov-10, 317.13), and go up and right to stop at (Dec-10, 317.44). Marked are the following points on the chart. Jan. 10 Feb. 10 Mar. 10 Apr. 10 May 10 June 10 211.98 195.46 218.95 235.97 235.86 255.96 July 10 Aug. 10 Sep. 10 Oct. 10 Nov. 10 Dec. 10 246.94 260.09 258.77 294.07 317.13 317.44 Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in August and sold in October. r = %

The following chart shows monthly figures for Apple stock in 2010.† The graph contains a series of 12 points connected by curves. The curves and the approximate points they connect are as follows. The curves start at (Jan-10, 211.98), go down and right to (Feb-10, 195.46), go up and right to (Mar-10, 218.95), go up and right to (Apr-10, 235.97), go down and right to (May-10, 235.86), go up and right to (Jun-10, 255.96), go down and right to (Jul-10, 246.94), go up and right to (Aug-10, 260.09), go down and right to (Sep-10, 258.77), go up and right to (Oct-10, 294.07), go up and right to (Nov-10, 317.13), and go up and right to stop at (Dec-10, 317.44). Marked are the following points on the chart. Jan. 10 Feb. 10 Mar. 10 Apr. 10 May 10 June 10 211.98 195.46 218.95 235.97 235.86 255.96 July 10 Aug. 10 Sep. 10 Oct. 10 Nov. 10 Dec. 10 246.94 260.09 258.77 294.07 317.13 317.44 Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in August and sold in October. r = %

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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The following chart shows monthly figures for Apple stock in 2010.†

The graph contains a series of 12 points connected by curves. The curves and the approximate points they connect are as follows.
  • The curves start at (Jan-10, 211.98),
  • go down and right to (Feb-10, 195.46),
  • go up and right to (Mar-10, 218.95),
  • go up and right to (Apr-10, 235.97),
  • go down and right to (May-10, 235.86),
  • go up and right to (Jun-10, 255.96),
  • go down and right to (Jul-10, 246.94),
  • go up and right to (Aug-10, 260.09),
  • go down and right to (Sep-10, 258.77),
  • go up and right to (Oct-10, 294.07),
  • go up and right to (Nov-10, 317.13),
  • and go up and right to stop at (Dec-10, 317.44).
Marked are the following points on the chart.
Jan. 10 Feb. 10 Mar. 10 Apr. 10 May 10 June 10
211.98 195.46 218.95 235.97 235.86 255.96
July 10 Aug. 10 Sep. 10 Oct. 10 Nov. 10 Dec. 10
246.94 260.09 258.77 294.07 317.13 317.44
Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in August and sold in October.
r = %
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