A stock has a price of $68.54. this is $7.18 less than the price of the stock yesterday. write and solve an equation to find the price p (in dollars) of the stock yesterday.

Respuesta :

68.54 - 7.18 = p.  P = 61.36

Answer:

The required equation is: [tex]p-7.18=68.54[/tex]

The price p (in dollars) of the stock yesterday was $75.72

Step-by-step explanation:

Consider the provided information.

A stock has a price of $68.54. This is $7.18 less than the price of the stock yesterday.

Let the price of the stock yesterday is represented by p.

Therefore, the required equation is:

[tex]p-7.18=68.54[/tex]

Now solve the above equation for p.

[tex]p-7.18+7.18=68.54+7.18[/tex]

[tex]p=75.72[/tex]

Hence, the price p (in dollars) of the stock yesterday was $75.72