Using the quadratic equation formula, the prices of stocks A and B were the same (to the nearest dollar) at approximately $9 and $19.
The equation for Stock A is A(x) = 0.70x2 - 6x + 15
The equation for Stock B is B(x) = 2.75x + 1.50
We set the two equations equal to each other and solve for (x):
[0.70x^2 - 6x + 15 = 2.75x + 1.50]
Rearranging the terms gives us a quadratic equation:
[0.70x^2 - 8.75x + 13.5 = 0]
Using the quadratic formula
, where (a = 0.70), (b = -8.75), and (c = 13.5):
![[x = (-(-8.75) \pm √((-8.75)^2 - 4 \cdot 0.70 \cdot 13.5))/(2 \cdot 0.70)]](https://img.qammunity.org/2022/formulas/mathematics/high-school/4dorwmkiwsp53mgiksmsewhepiswu72zni.png)
Solving this equation gives us two solutions for (x), which are approximately (x \approx 2.96) months and (x \approx 6.49) months.
Substituting these values into either the equation for (A(x)) or (B(x)), we find the corresponding prices:
.

Thus, the prices of stocks A and B were the same (to the nearest dollar) at approximately $9 and $19 during the 18-month period.