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The following chart shows monthly figures for Apple stock in 2010.T 350 A 300 250 200- 150+ 100 211.98 Jan-10 Feb-10 Jan. 10 211.98 235.97 218.95 195.46 246.94 Mar-10 Apr-10 Feb. 10 195.46 July 10 Aug. 10 255.96 Marked are the following points on the chart. 235.86 May-10 Jun-10 Jul-10 Mar. 10 218.95 Sep. 10 246.94 260.09 258.77 260.09 Aug-10 Sep-10 Apr. 10 235.97 Oct. 10 258.77 ~294.07 317.13 Oct-10 Nov-10 May 10 235.86 Nov. 10 294.07 317.13 317.44 Dec-10 @ June 10 255.96 Dec. 10 317.44 Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in July and sold in Octobe %

The following chart shows monthly figures for Apple stock in 2010.T 350 A 300 250 200- 150+ 100 211.98 Jan-10 Feb-10 Jan. 10 211.98 235.97 218.95 195.46 246.94 Mar-10 Apr-10 Feb. 10 195.46 July 10 Aug. 10 255.96 Marked are the following points on the chart. 235.86 May-10 Jun-10 Jul-10 Mar. 10 218.95 Sep. 10 246.94 260.09 258.77 260.09 Aug-10 Sep-10 Apr. 10 235.97 Oct. 10 258.77 ~294.07 317.13 Oct-10 Nov-10 May 10 235.86 Nov. 10 294.07 317.13 317.44 Dec-10 @ June 10 255.96 Dec. 10 317.44 Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in July and sold in Octobe %

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 106E
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The following chart shows monthly figures for Apple stock in 2010.+ 350 300+ r= 250 200 150 - 100 211.98 Jan-10 Feb-10 211.98 235.97 July 10 218.95 195.46 246.94 Mar-10 Apr-10 Jan. 10 Feb. 10 Marked are the following points on the chart. 255.96 May-10 195.46 V Aug. 10 235.86 Jun-10 Mar. 10 218.95 Sep. 10 260.09 258.77 246.94 260.09 Jul-10 Aug-10 Sep-10 Apr. 10 235.97 Oct. 10 294.07 258.77 ~ 294.07 317.13 Oct-10 Nov-10 May 10 235.86 Nov. 10 317.13 317.44 Dec-10 i June 10 255.96 Dec. 10 317.44 Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in July and sold in October. %
Transcribed Image Text:The following chart shows monthly figures for Apple stock in 2010.+ 350 300+ r= 250 200 150 - 100 211.98 Jan-10 Feb-10 211.98 235.97 July 10 218.95 195.46 246.94 Mar-10 Apr-10 Jan. 10 Feb. 10 Marked are the following points on the chart. 255.96 May-10 195.46 V Aug. 10 235.86 Jun-10 Mar. 10 218.95 Sep. 10 260.09 258.77 246.94 260.09 Jul-10 Aug-10 Sep-10 Apr. 10 235.97 Oct. 10 294.07 258.77 ~ 294.07 317.13 Oct-10 Nov-10 May 10 235.86 Nov. 10 317.13 317.44 Dec-10 i June 10 255.96 Dec. 10 317.44 Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in July and sold in October. %
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The following chart shows monthly figures for Apple stock in 2010.+ 350 300+ r= 250 200 150 - 100 211.98 Jan-10 Feb-10 211.98 235.97 July 10 218.95 195.46 246.94 Mar-10 Apr-10 Jan. 10 Feb. 10 Marked are the following points on the chart. 255.96 May-10 195.46 V Aug. 10 235.86 Jun-10 Mar. 10 218.95 Sep. 10 260.09 258.77 246.94 260.09 Jul-10 Aug-10 Sep-10 Apr. 10 235.97 Oct. 10 294.07 258.77 ~ 294.07 317.13 Oct-10 Nov-10 May 10 235.86 Nov. 10 317.13 317.44 Dec-10 i June 10 255.96 Dec. 10 317.44 Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in July and sold in October. %
Transcribed Image Text:The following chart shows monthly figures for Apple stock in 2010.+ 350 300+ r= 250 200 150 - 100 211.98 Jan-10 Feb-10 211.98 235.97 July 10 218.95 195.46 246.94 Mar-10 Apr-10 Jan. 10 Feb. 10 Marked are the following points on the chart. 255.96 May-10 195.46 V Aug. 10 235.86 Jun-10 Mar. 10 218.95 Sep. 10 260.09 258.77 246.94 260.09 Jul-10 Aug-10 Sep-10 Apr. 10 235.97 Oct. 10 294.07 258.77 ~ 294.07 317.13 Oct-10 Nov-10 May 10 235.86 Nov. 10 317.13 317.44 Dec-10 i June 10 255.96 Dec. 10 317.44 Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in July and sold in October. %
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