dokidoki472
Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

PLS HELP LIKE I NEED SLEEP SO BAD BUT MATH HW

the price of Stock A at 9 A.M. was ​$13.63. Since​ then, the price has been increasing at the rate of ​$0.13 each hour. At noon the price of Stock B was ​$14.38. It begins to decrease at the rate of ​$0.15 each hour. If the two rates​ continue, in how many hours will the prices of the two stocks be the​ same?

Sagot :

adioabiola

Answer:

x = 4.29 hours

Step-by-step explanation:

Let

x = number of hours

Stock A at 9.00 AM

13.63 + 0.13x

Stock B at 12.00 pm

14.38 - 0.15(x - 3)

in how many hours will the prices of the two stocks be the​ same?

Equate the change in prices of both stock

13.63 + 0.13x = 14.38 - 0.15(x - 3)

13.63 + 0.13x = 14.38 - 0.15x + 0.45

13.63 + 0.13x = 14.83 - 0.15x

13.63 - 14.83 = -0.15x - 0.13x

-1.2 = -0.28x

x = -1.2/-0.28

x = 4.2857142857142

Approximately,

x = 4.29 hours

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.