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The price of Stock A at 9 AM was $12.73. Since then, the price has been increasing at the rate of $0.06 per hour. At noon, the price of Stock B was 13.48. It begins to decrease at the rate of $0.14 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?

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johnreyoriol44

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.

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