SOLUTION: the price of stock began the day at $28 per share and dropped $2 per hour for 4 hours. What was the price of the stock after 4 hours

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: the price of stock began the day at $28 per share and dropped $2 per hour for 4 hours. What was the price of the stock after 4 hours      Log On


   



Question 759095: the price of stock began the day at $28 per share and dropped $2 per hour for 4 hours. What was the price of the stock after 4 hours
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
Drops $2 an hour for 4 hours ----> Drops 2*4 = 8 dollars total

28 - 8 = 20

Stock price after 4 hours: 20 dollars