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Lostsunrise [7]
2 years ago
13

The price of Stock A at 9 A.M. was​ $15.75. Since​ then, the price has been increasing at the rate of​ $0.05 per hour. At​ noon,

the price of Stock B was​ $16.53. It begins to decrease at a rate of​ $0.13 per hour. If the stocks continue to increase and decrease at the same​ rates, in how many hours will the prices of the stocks be the​ same?
The prices of the stocks will be the same
nothing ​hour(s) after noon.
Mathematics
1 answer:
tatyana61 [14]2 years ago
7 0

Answer: I think is 3.5

Step-by-step explanation:

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Answer:

finance charge refund is $91.53

Step-by-step explanation:

given data

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solution

we will apply here finance charge refund formula that is

finance charge refund = F × \frac{n * (n+1)}{t* (t+1)}

put here value we get

finance charge refund = 476 × \frac{5 * (5+1)}{12* (12+1)}

finance charge refund = 476 × \frac{5 * (6)}{12 * (13)}

finance charge refund = 476 × \frac{30}{156}

finance charge refund = 476 × 0.1923

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IrinaVladis [17]

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