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3 years ago

I don’t need an explanation but someone please help

Mathematics

1 answer:

Ulleksa [173]3 years ago

6 0

Answer:

The prices of the 2 stocks will be the same at 13.6 hours

Step-by-step explanation:

Write 2 equations with the given information:

y = 0.07(x - 9) + 15.53

y = -0.11(x - 12) + 16.03

y is price and x is time

Find where they intersect:

0.07(x - 9) + 15.53 = -0.11(x - 12) + 16.03

0.07x - 0.63 + 15.53 = -0.11x + 1.32 + 16.03

0.07x + 14.9 = -0.11x + 16.35

0.18x = 2.45

x = 13.6

The prices of the 2 stocks will be the same at 13.6 hours

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