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Amyra2003
04.02.2020 •
Mathematics
Norman and suzanne own 42 shares of a fast food restaurant stock and 60 shares of a toy company stock. at the close of the markets on a particular day in 2004, their stock portfolio consisting of these two stocks was worth $1719.00. the closing price of the fast food restaurant stock was $30 more per share than the closing price of the toy company stock on that day. what was the closing price of each stock on that day?
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Ответ:
Restaurant: $34.50; Toy Company: $4.50
Step-by-step explanation:
Let's represent the situation mathematically. I will use "r" for the restaurant stock price and "t" for the toy company stock price.
We need to multiply the second equation by 60 to balance the terms out. This gets us
.
Now, you can combine the like terms in these equations to get
, which can be simplified further to
.
Now you need to divide both sides by 102 to remove the coefficient, getting you
. This means that the price of the restaurant stock was $34.50.
To find the toy company stock price, subtract $30 from the restaurant stock price, because the restaurant stock is worth $30 more than the toy company stock. This gets you $4.50.
Ответ:
No, pi = 3
Step-by-step explanation:
This is the rounded up number.It depends on what grade you are in.