Question

A share of Gucci stock is currently worth $680 and increases an average of $6 per day. A share of

eloton stock is currently worth $1030 and decreases an average of $8 per day. Write and solve a
system of equations to find the number of days after which the stocks will have the same value and
what the value will be. (Hint: use substitution)

Answer 1

The system of equations would be: Gucci stock: 680 + 6x = 1030 - 8x Eloton stock: 680 + 6x = 1030 - 8x Solving the system of equations yields x = 175, meaning it will take 175 days for the stocks to have the same value. The value for both stocks after 175 days will be equal to $930.