1.8 because it’s division just divide 2/2.8 and the answer is
1.8
I'm pretty sure you already solved this by now, but I'll say the answer anyway. This problem has already been solved by another as a verified answer.
This is the concept of financial algebra, we are required to calculate the value of stock ABC which follows the model given by:
y=12.21x+37.42
given that x=62 days,
the value of th estock after 62 days will be given by:
y=12.21(62)+37.42
y=757.02+37.42
y=794.44
ABC will be worth $794.44
I take no credit for this answer. It was solved by CastleRook.
Subtract 5x and add 3y from the left side so that it can be moved to the right side. This will allow you to solve and get the second equation.
To find those equations we can do any multiplication or division of both sides of the equation:
Examples:
2x + 9 = -15 | · 2
4x + 18 = -30
2x + 9 = -15 | · (-1)
-2x - 9 = 15
2x + 9 = -15 | ÷ 2
x + 4.5 = -7.5
There is the same solution: x = -12.
