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score in gradebook:- 75 out of 10 Reattempt this questiorn When you are done, cl

ID: 2911264 • Letter: S

Question

score in gradebook:- 75 out of 10 Reattempt this questiorn When you are done, click here to see a summary of your score In 2008 Melvin thought that he was making a sound investment by current value each year a. The value of Melvin's Alpha Biotechnology stock in 2013 is how many times as large as the value of his stock in 20127 b. The value of Melvin's Alpha Biotechnology stock in 2011 is how many times as large as the value of his stock in 2010 0times as large Preview c. The value of Melvin's Alpha Biotechnology stock in 2014 is how many times as large as the value of his stock in 20127 d. The value of Melvin's Alpha Biotechnology stock in 2013 is how many times as large as the value of his stock in 2014

Explanation / Answer

There seems to be a minor input error. Since you were able to solve Part A, B, and C, I believe you know the concept.

For Part D,

(0.87)^5 / (0.87)^6 = 1.1494.

You have entered 1.1415 which is not right. Please try entering 1.1494. It would work. I hope this helps.