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bearhunter [10]
2 years ago
8

Abigail is investing in the stock market and has a maximum budget of $6,300 with which to purchase stock in two promising compan

ies. stock in the software company currently sells for $42 per share. stock in the robotics company is currently trading at $8 per share. write the inequality in standard form that describes this situation. use the given numbers and the following variables
Mathematics
1 answer:
Alex2 years ago
8 0

Answer:

The equation is 21x+4y<3150

Step-by-step explanation:

This question can be understood by the concept of inequalities.

Let x be the number of stocks of software company and y be the number of stocks of robotics company purchased.

Money invested in 1 stock of software company = $42

Money invested in 1 stock of robotics company = $8

Total expenditure on software company stock = 42*x

Total expenditure on robotics company stock = 8*y

So the total expenditure should be less than 6300

Hence the equation is

42x+8y<6300

21x+4y<3150

To learn more about inequalities visit brainly.com/question/24372553

#SPJ4

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