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I need part 2 out of 3 correctly Previous Next CQueston 10 of 16(1 poin) Yiew pu

ID: 2888101 • Letter: I

Question

I need part 2 out of 3 correctly

Previous Next CQueston 10 of 16(1 poin) Yiew puodlem n.anop- 1.1 Section Exercise 65 Question Apple Inc. (stock symbol AAPL) produces popular products such as the iPhone, iPad, and MacBook laptop computers. The company was not always as wildly successful, however. Taking inte account stock splits, share prices for AAPL, can be represented by the following piecewise defined function: Check Answer Solve It Guided Solution Show Example Ask My Instructor Link to Textbook 14.7 +0.6t frs 4 14.2t 128t +304 ift 4 where t is the number of years after 2000. Part 1 a. Using this function, what was the share price of AAPL in 1995 (when t5)? In 2006? The price of AAPL in 1995 was $11.7 per share. The price of AAPL in 2006 was S47.2 per share. Save for Later Submit Assignment Part 2 out of 3 b. In what year does the function predict that AAPL shares first reached the $200 level? The AAPL shares first reached the $200 level in the year NEXT CHECK Print this pape only

Explanation / Answer

14.2t2-128t+304=200

14.2t2-128t+104=0

t=8.1year

The AAPL shares first reached the $200 level in the year 2009.