On December 31, 1995, Paul invested $2,000 in a stock. Since then, his stock has gained 20% in every........?

Question

odd-numbered month (Janurary, March, and so on) but lost 15% in every even-numbered month (February, April, and so on)

(a) Find the value of the stock at the end of each of the first five months in 1996.

(b) Write a piecewise defined function f(n) for the value of the stock n months after the orginal investment, where n is a whole number.

(c) Name the first time when the value of the stock at the end of the month is at least twice the orginal investment.

please show work so i can solve similar problems

Answer 1

I would like to help. I am just swamped right now.

I would try posting this in the homework section.

Science & Mathematics Section - subtopic - Mathematics

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