Solution-Number of months since start of period

Number of months since start of period

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During 18 month period, price of certain stock could be modeled by P(t)=56.5 (0.96)^t where t is number of months since start of period. Price of stock during this period of time decreased by how much percent per month.

Reference no: EM131164000

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Number of months since start of period

Reference no: EM131164000

Reference no: EM131164000

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