Mathematics, 10.02.2020 23:54 therealdest

The stock price of one share in a certain company is worth $360 today. A stock analyst believes that the stock will lose 28 percent of its value each week for the next 3 weeks. The analyst uses the equation V=360(r)^t to model the value, V, of the stock after t weeks. What value should the analyst use for r?

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The stock price of one share in a certain company is worth $360 today. A stock analyst believes that...