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Ten years ago, you invested most of the money you made during that summer into an Energy drink stock. You purchased $8,000 dollars worth of stock and it was initially projected to continuously compound by 2%. However, the Energy drink stock consistently declined by 3.65% each year until the present.
a) Write an equation to model this situation.
b) Estimate the value of the stock today. How much did you gain/lose?
c) Assuming the stocks rate of decline remains the same, approximate the number of years it will take for the value of the stock to
decrease by half.
