Fifty shares of stock A and 30 shares of stock B cost $2600. Thirty shares of stock
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Fifty shares of stock A and 30 shares of stock B cost $2600. Thirty shares of stock A and 40 shares of stock B cost $2000. What is the price per share of each stock? Solve by setting up the appropriate equations and then using the inverse of the coefficient matrix.
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Let the price per share of stock A be denoted as x and the price per share of stock B be denoted as ...View the full answer
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Related Book For 
Basic Technical Mathematics
ISBN: 9780137529896
12th Edition
Authors: Allyn J. Washington, Richard Evans
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