Mathematics, 06.05.2020 01:14 simoneee89

Use a geometric sequence formula to solve the problem.

Ellie bought stock in Jan. 2016 at $38.60 per share. The value of the stock decrease about a quarter each month since she bought it. If she sold the stock in Aug. 2018, find the cost per share.

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Use a geometric sequence formula to solve the problem.

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Use a geometric sequence formula to solve the problem. Ellie bought stock in Jan. 2016 at $38.60 per share. The value of the stock decrease about a quarter each month since she bought it. If she sold the stock in Aug. 2018, find the cost per share.

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Another question on Mathematics

Use a geometric sequence formula to solve the problem.

Ellie bought stock in Jan. 2016 at $38.60 per share. The value of the stock decrease about a quarter each month since she bought it. If she sold the stock in Aug. 2018, find the cost per share.