Solve the Problem $\mathrm { s } = \mathrm { t } ^ { 2 } - 8 \mathrm { t }$

question 1

Multiple Choice

Solve the problem. Give the answer to the nearest tenth.
-The position of an object moving in a straight line is given by $\mathrm { s } = \mathrm { t } ^ { 2 } - 8 \mathrm { t }$ , where $\mathrm { s }$ is in feet and $\mathrm { t }$ is the time in seconds the object has been in motion. How long (to the nearest tenth) will it take the object to move 19 feet?

• A) \(20.0 \mathrm { sec }\)
• B) \(9.9 \mathrm { sec }\)
• C) \(9.7 \mathrm { sec }\)
• D) \(20.9 \mathrm { sec }\)

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specified time.

Premium

Premium often refers to the additional cost above the normal or nominal amount, in contexts such as insurance payments, above-par bond prices, or the price paid for options contracts.

Lookback Options

A type of option which allows the holder to "look back" over the time period of the option to select a price that is most advantageous for exercising their option.

Underlying Asset

Refers to the financial instrument (e.g., stock, bond, commodity) on which a derivative's value is based.