JaceV547026 JaceV547026
  • 29-10-2022
  • Mathematics
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Find two years during which the price of the stock was $15

Find two years during which the price of the stock was 15 class=

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ArriettyC429454 ArriettyC429454
  • 29-10-2022

given the expression

[tex]15=0.5t^2-5.6t+25.2[/tex]

where

P= price

t=time

t(0)= year 2000

given the formula

[tex]x=-b\frac{\pm\sqrt{b^2-4ac}}{2a}[/tex]

where

a=5

b=-56

c=102

then

[tex]t=56\frac{\pm\sqrt{(56)^2-4(5)(102)}}{2(5)}[/tex][tex]t=56\frac{\pm2\sqrt{274}}{2*5}[/tex][tex]t=\frac{28\pm\sqrt{274}}{5}[/tex][tex]t1=\frac{28+\sqrt{274}}{5}=8.91[/tex][tex]t2=\frac{28-\sqrt{274}}{5}=2.289[/tex]

since t(0)=2000 years

then a time of

t1=8.91 represent the year 2008

t2= 2.28 represent the year 2002

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