Caleb bought stock in a company two years ago that was worth xx dollars. During the first year that he owned the stock, it increased by 38%. During the second year the value of the stock decreased by 12%. Write an expression in terms of xx that represents the value of the stock after the two years have passed.

  1.2144xx

Step-by-step explanation:

The multiplier of value for the first year was (1 +38%) = 1.38.

The multiplier of value for the second year was (1 -12%) = 0.88.

Then the multiplier of value for the two years was ...

  1.38×0.88 = 1.2144

The value of the stock after 2 years was ...

  1.2144xx

Comment on the variable

We have used the variable given in the problem statement (xx). If you intend something different, replace xx with the variable you intend.

a) $ 9.50

b) 17

c) y-intercept (0, 12). this is the initial amount of money that joe had prior to playing any game.

d) x-intercept ( 24, 0). this is the number of games that joe will play before he depletes the initial amount of money that he had.

e) slope is -0.5. joe's balance will reduce by 0.5 for every game that he plays.

f)

domain; [0,24]

range; [0,12]

g) x + 2y = 24

step-by-step explanation:

a)

if joe plays 5 games, this will imply that x = 5. substitute x = 5 in the equation and solve for y;

y = -.50x + 12

y = -0.50(5) + 12

y = 9.50

b)

if joe leaves the arcade with $3.50, this will mean that y = 3.50. plug in y = 3.50 in the given equation and solve for x;

y = -.50x + 12

3.50 = -0.50x + 12

0.50x = 12 - 3.50

0.5x = 8.5

x = 17

c)

the function given is   y = -.50x + 12.

the y-intercept is the point where the graph of this function will intersect the y-axis. at this point, the value of x is usually 0. plug in x = 0 in the given equation and determine y;

y = -0.50(0) + 12

y = 12

the y-intercept is thus (0, 12). this is the initial amount of money that joe had prior to playing any game.

d)

the x-intercept refers to the point where the graph of a function intersects with the x-axis. at this point, the value of y is 0. substitute y = 0 in the given equation and solve for x;

0 =   -.50x + 12

0.5x = 12

x = 24

x-intercept ( 24, 0). this is the number of games that joe will play before he depletes the initial amount of money that he had.

e)

the slope of the given equation is -0.5. the equation has been given in slope-intercept form. thus the slope is simply the coefficient of x.

joe's balance will reduce by 0.5 for every game that he plays. this is the interpretation of the slope.

f)

domain is the set of x values for which the function is real and defined. the domain will thus be; [0,24]. this will restrict the balance to only assume positive values.

on the other hand, the range is the set of y values for which a function is real and defined. the range in our case will be [0,12]. joe can have between $0 and $12 balance.

g)

the standard form of the equation of a straight line is;

ax + by = c

where a, b, and c are integers.

our equation is given as;

y = -.50x + 12

re-writing the equation we have;

0.5x + y = 12

divide all through by 0.5;

x + 2y = 24