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Solve Express the Result in Scientific Notation 5.87×10125.87 \times 10 ^ { 12 }

question 13

Multiple Choice

Solve. Express the result in scientific notation. Round to the nearest hundredth, if necessary.
-In one year, light travels 5 5.87×10125.87 \times 10 ^ { 12 } mile miles. How far would light travel inn 7 7×1047 \times 10 ^ { 4 } years?


Definitions:

Exercise Price

The price at which an option holder can buy (call option) or sell (put option) the underlying asset or security.

Call Options

Call options are financial contracts that give the buyer the right, but not the obligation, to buy a specified amount of an underlying asset, at a set price, within a specified period.

Put Options

Financial contracts giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time frame.

Stock Price

The current price at which a share of a company is bought or sold on the stock market.

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