A=3.5(−88+m)The amount, A, in dollars, earned for lending a stock on margin and holding it for m months is given by the equation. How many months of holding are needed for the earnings to be 0 dollars?
Q. A=3.5(−88+m)The amount, A, in dollars, earned for lending a stock on margin and holding it for m months is given by the equation. How many months of holding are needed for the earnings to be 0 dollars?
Given Equation: We are given the equation A=3.5(−88+m), where A represents the amount earned in dollars and m represents the number of months the stock is held. We want to find the value of m when A is 0 dollars.
Set A equal: Set A equal to 0 to find the number of months needed for the earnings to be 0 dollars: 0=3.5(−88+m).
Divide and Isolate: Divide both sides of the equation by 3.5 to isolate the term inside the parentheses: 3.50=−88+m.
Simplify Equation: Since 0 divided by any non-zero number is 0, the equation simplifies to: 0=−88+m.
Add 88: Add 88 to both sides of the equation to solve for m: 0+88=m.
Final Solution: The equation simplifies to: 88=m. This means that 88 months of holding are needed for the earnings to be 0 dollars.
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