Question

Stock prices for a certain company start at $12 per share an increase at a rate of

$2 per month. Write an equation of the function of the value of the stock price v,
as a function of the number of month that have passed, m.

Answer 1

Explanation:

V = $12

M = The number of months

So, function = v + $2m

Lets take an Example = for example the stock price now is $20

V + $2m = $20

V = $12

So, 12 + $2m = 20

$2m = 20 - 12

$2m = 8

m = 8/2

m = 4

So this used we can easily find the number of months

Now let's try with the stock price only

The total now is $24

And 6 months passed

v + $2m = $24

v + $2(6) = $24

v + $12 = $24

v = $24 - $12

v = $12

So we got the same stock price

We found with this function the stock price as well as the number of months

Hope this answers ur question!