Echo009
Echo009
31.03.2020 • 
Mathematics

On the last day of April 2009, the price of a share of stock in a major entertainment corporation was $5.36. Over the next 4 years, the annual growth rate was 4.15%. The growth in the price of this stock can be modeled by the function where P represents the price, in dollars, and t represents the number of years since the last day in April 2009. Which function can be used to represent the price of a share of stock in this entertainment corporation on the last day in June 2011?

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