Solved

Did Apple's Stock Undergo Simple Interest Increase in the Period

Question 39

Multiple Choice

Did Apple's stock undergo simple interest increase in the period December, 1997, through March, 2000  Month  Dec. 1997 Aug. 1999  Mar. 2000  May 2000  Aug. 2000 Dec. 2000 Monthly  Price 3.2716.3133.752130.477.44 Month  Jan. 2002  Mar. 2003 Oct. 2003 Nov. 2004  Feb. 2005 Aug. 2005 Monthly  Price 12.367.0711.4433.5344.8645.74\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Month } & \text { Dec. } 1997 & \text { Aug. 1999 } & \text { Mar. 2000 } & \text { May 2000 } & \text { Aug. } 2000 & \text { Dec. } 2000 \\\hline \begin{array} { l } \text { Monthly } \\\text { Price }\end{array} & 3.27 & 16.31 & 33.75 & 21 & 30.47 & 7.44 \\\hline \text { Month } & \text { Jan. 2002 } & \text { Mar. } 2003 & \text { Oct. } 2003 & \text { Nov. 2004 } & \text { Feb. } 2005 & \text { Aug. } 2005 \\\hline \begin{array} { l } \text { Monthly } \\\text { Price }\end{array} & 12.36 & 7.07 & 11.44 & 33.53 & 44.86 & 45.74 \\\hline\end{array}  Did Apple's stock undergo simple interest increase in the period December, 1997, through March, 2000   \begin{array} { | l | l | l | l | l | l | l | }  \hline \text { Month } & \text { Dec. } 1997 & \text { Aug. 1999 } & \text { Mar. 2000 } & \text { May 2000 } & \text { Aug. } 2000 & \text { Dec. } 2000 \\ \hline \begin{array} { l }  \text { Monthly } \\ \text { Price } \end{array} & 3.27 & 16.31 & 33.75 & 21 & 30.47 & 7.44 \\ \hline \text { Month } & \text { Jan. 2002 } & \text { Mar. } 2003 & \text { Oct. } 2003 & \text { Nov. 2004 } & \text { Feb. } 2005 & \text { Aug. } 2005 \\ \hline \begin{array} { l }  \text { Monthly } \\ \text { Price } \end{array} & 12.36 & 7.07 & 11.44 & 33.53 & 44.86 & 45.74 \\ \hline \end{array}         A = 3.27  ,  B = 33.75    A) Yes B)  No A=3.27A = 3.27 , B=33.75B = 33.75


A) Yes
B) No

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions