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The Value (In Cents)of Shares, X Years After Their Flotation

question 6

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The value (in cents) of shares, x years after their flotation on the stock market, is modelled by V = 6e0.8t
Find the increase in the value of these shares, to the nearest cent, 4 years and 2 months later.


Definitions:

Component Statements

The individual statements that make up a more complex statement or argument, often found within logical connectives.

Connective(s)

Logical operators that connect propositions in a logical formula or statements, such as "and," "or," "not."

Symbolic Notation

Usage of characters and symbols to represent operations, functions, or propositions in mathematics or logic.

Symbolic Notation

A system of symbols used to represent numbers, quantities, tones, or elements in a mathematical, scientific, or music composition.

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