SOLUTION: The price p in dollars for a particular stock can be modeled by the quadratic equation p = 3.5t^2 .05t, where t represents the number of days after the stock is purchased. When is
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Question 1073054: The price p in dollars for a particular stock can be modeled by the quadratic equation p = 3.5t^2 .05t, where t represents the number of days after the stock is purchased. When is the stock worth $60?
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
The price p in dollars for a particular stock can be modeled by the quadratic equation p = 3.5t^2 .05t, where t represents the number of days after the stock is purchased.
When is the stock worth $60?
:
P=60, assuming it is +.05
3.5t^2 + .05t = 60
3.5t^2 + .05t - 60 = 0
Using the quadratic formula
t ~ 4 days
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