The price of Stock A at 9 A.M. was

$14.8814.88.

Since then, the price has been increasing at the rate of

$0.060.06

each hour. At noon the price of Stock B was

$15.3815.38.

It begins to decrease at the rate of

$0.120.12

each hour. If the two rates continue, in how many hours will the prices of the two stocks be the same?

Guest Apr 17, 2020

#1**+1 **

14.88 +.06(3) + .06x = 15.38 - .12 x solve for 'x' the number of hours until they are equal

15.06 + .06x = 15.38-.12x

.18x = .32

x = 1.77 hr ~ 1 hr 47 min

ElectricPavlov Apr 18, 2020