The stock price of a company over a year is shown in the table below. The function Sis used to track the stock. S(1) = $19.50 represents the price per share after the first month (January). Stock Price Price per share Mont $19.50 1 $12.50 $7.50 3 $4.50 4 $3.50 $4.50 $7.50 7 $12.50 $19.50 $28.50 10 $39.50 11 $52.50 12 What can be concluded about the stock function S during the year? O Someone who bought stock at the price S(5) earned more money for the year than a person who bought at the price S(1). O Someone who invested in the stock at the beginning of the year had an overall loss for the year. O S(4) and S(6) represent the lowest stock price for the year. O S(11) represents the highest stock price for the year.
The stock price of a company over a year is shown in the table below. The function Sis used to track the stock. S(1) = $19.50 represents the price per share after the first month (January). Stock Price Price per share Mont $19.50 1 $12.50 $7.50 3 $4.50 4 $3.50 $4.50 $7.50 7 $12.50 $19.50 $28.50 10 $39.50 11 $52.50 12 What can be concluded about the stock function S during the year? O Someone who bought stock at the price S(5) earned more money for the year than a person who bought at the price S(1). O Someone who invested in the stock at the beginning of the year had an overall loss for the year. O S(4) and S(6) represent the lowest stock price for the year. O S(11) represents the highest stock price for the year.
College Algebra
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ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
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Transcribed Image Text:The stock price of a company over a year is shown in the table below. The function S is used to track the stock. S(1) = $19.50 represents the price per share after the first month (January).
Stock Price
Price per share
Month
$19.50
1
$12.50
2
$7.50
3
$4.50
4
$3.50
5
$4.50
6
$7.50
7
$12.50
$19.50
$28.50
10
$39.50
11
$52.50
12
What can be concluded about the stock function S during the year?
Someone who bought stock at the price S(5) earned more money for the year than a person who bought at the price S(1).
Someone who invested in the stock at the beginning of the year had an overall loss for the year.
S(4) and S(6) represent the lowest stock price for the year.
S(11) represents the highest stock price for the year.
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