Answer:
4.4 hours
Step-by-step explanation:
Let the number of hours be represented as h
The price of Stock A 9 AM was $12.71. Since then, the price has been increasing at the rate of $0.05 each hour
$12.71 + $0.05 × h
12.71 + 0.05h
At noon the price of Stock 8 was \$13.46 . To decrease at the rate of by $0.12each hour.
$13.46 + $0.12 × h
13.46 - 0.12h
If the two rates continue, in how many hours will the prices of the two stocks be the same?
12.71 + 0.05h = 13.46 - 0.12h
0.05h + 0.12h = 13.46 - 12.71
0.17h = 0.75
h = 0.75/0.17
h = 4.41176470588 hours
Approximately = 4.4 hours
The prices of the two stocks be the same in 4.4 hours
