3) The model P'(n)=15e^(-0.02)n -5 shows the rate of change in the stock price of a new publicly traded social media company (in dollars per thousand registered users).
[a] The stock opened at $10.25. What was the stock price after 136 thousand people registered as users?
[b] After how many days (to the nearest day) did the stock price stop rising and start falling? Explain your answer.
I have had part A answered with stock price at $30.84. But I don’t know how to find B and C. This is all the information I was given to solve this problem.
3) The model P’(n) =15€_0’02” — 5 shows the rate of change in the stock price of a new publicly traded social media company (in dollars per thousand registered users).[a] The stock opened at $10.25. What was the stock price after 136thousand people registered as users? [b] After how many days (to the nearest day) did the stock price stoprising and start falling? Explain your answer. [c] Calculate the volatility of the stock price over the first 200,000 users.
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