A person buys shares of a company every year for 5 years in a row. During this period the price of the shares has fluctuated quite a bit: the first year each share was worth €7, the second year €10, the third year €15, the fourth year the company had large financial losses and the price dropped to €6. per share and, finally, in the fifth year the company made a strong investment that caused the price to increase to €11. What has been the average purchase price of the shares?
A person buys shares of a company every year for 5 years in a row. During this period the price of the shares has fluctuated quite a bit: the first year each share was worth €7, the second year €10, the third year €15, the fourth year the company had large financial losses and the price dropped to €6. per share and, finally, in the fifth year the company made a strong investment that caused the price to increase to €11. What has been the average purchase price of the shares?
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 60SE: A scientist places 50 cells in a petri dish. Every hour, the population increases by 1.5%. What will...
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![人工知能を使用せず、 すべてを段階的にデジタル形式で解決してください。
ありがとう
SOLVE STEP BY STEP IN DIGITAL FORMAT
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A person buys shares of a company every year for 5 years in a row. During this period the
price of the shares has fluctuated quite a bit: the first year each share was worth €7, the
second year €10, the third year €15, the fourth year the company had large financial losses
and the price dropped to €6. per share and, finally, in the fifth year the company made a
strong investment that caused the price to increase to €11. What has been the average
purchase price of the shares?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F10b6dc8b-d998-4471-bfce-cb89ed97b4eb%2F6badd4c7-639d-4ed2-8df5-4b5bf2c5ae55%2F8pqu84c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:人工知能を使用せず、 すべてを段階的にデジタル形式で解決してください。
ありがとう
SOLVE STEP BY STEP IN DIGITAL FORMAT
DON'T USE CHATGPT
A person buys shares of a company every year for 5 years in a row. During this period the
price of the shares has fluctuated quite a bit: the first year each share was worth €7, the
second year €10, the third year €15, the fourth year the company had large financial losses
and the price dropped to €6. per share and, finally, in the fifth year the company made a
strong investment that caused the price to increase to €11. What has been the average
purchase price of the shares?
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