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The stock market opens on Monday morning, a stock was valued at 42.50. The value of that stock increase by the same amount each day for the next three days. After three days, the value of stock was 50.00. Which equation is used to find x, the amount the stock rose in value each day.

User HamidTB
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1 Answer

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The stock market opens on Monday morning, a stock was valued at 42.50.

The intial value of stock = 42.50

The value of that stock increase by the same amount each day for the next three days.

Let the increase amount in each day is x

then, increase amount in three day = 3x

After three days, the value of stock was 50.00.

Net amount after three day = 50.00

Net amount after three day = Initial value of stock + Incease amount in three day

50 = 42.50 + 3x

3x + 42.50 = 50

Answer: 3x + 42.50 = 50

User Jakko
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