The price of Stock A at 9 A.M. was $12.57. Since then, the price has been increasing at the rate of $ 0.11 each hour. At noon th

Question

3 years ago

13

The price of Stock A at 9 A.M. was $12.57. Since then, the price has been increasing at the rate of $ 0.11 each hour. At noon th

e price of Stock B was $. It begins to decrease at the rate of $ 13.32 each hour. If the two rates continue, in how many hours will the prices of the two stocks be the same?

Mathematics

1 answer:

Firdavs [7] · Answer 1 · 2022-07-20T05:10:01+03:00

Firdavs [7]3 years ago

3 0

Answer:

Let the hours when they equalize=h, then we have:

12.25 + .13h=13 - .09h

.13h + .09h=13 - 12.25

.22h=.75 divide both sides by .22

h=.75/.22

h=3 9/22, hours, when they will equalize.

Step-by-step explanation:

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