document.write( "Question 997728: solve\r
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document.write( "An investor has decided to sell his shares of stock in the stock's price increases or decreases more than $14 from its present value of $73 per share. Write an absolute value inequality representing the price at which he should sell his shares. Then solve the inequality to state the range of prices. \n" );
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Algebra.Com's Answer #615692 by Theo(13342)![]() ![]() You can put this solution on YOUR website! |x - 73| > 14\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x represents the current price of the stock.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "when (x-73) is positive, the equation becomes (x - 73) > 14 which results in x > 87.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this makes sense since 87 - 73 = 14.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "when (x-73) is negative, the equation becomes (x - 73) < -14 (the inequality is reversed and the right side of the expression changes sign) which results in x < 59.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this makes sense since 73 - 59 = 14.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the inequality can be represented as x < 59 or x > 73\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this means that you want to sell the stock when the price goes below 59 or the price goes above 87.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |