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

Question 127

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Did Apple's stock undergo simple interest increase in the period December, 1997, through March, 2000 (Give a reason for your answer.)  Month  Dec. 1997 Aug. 1999 Mar. 2000 May 2000  Aug. 2000 Dec. 2000 Monthly  Price 3.2716.3133.952130.377.44 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 & 33.95 & 21 & 30.37 & 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  (Give a reason for your answer.)  \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 & 33.95 & 21 & 30.37 & 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 = 33.95 A=3.27A = 3.27 , B=33.95B = 33.95

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No. Simple interest increase is linear. ...

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