14
practice testMath Formula

Practice Test

Question 14 • Advanced Financial Algebra

A stock is trading for $⁢59.60 A broker writes an order that the stock be sold if it goes up or down by 9% of the current price. Let x be the price of the stock at any point in the future. Write an absolute value equation to represent the requirements. Enter your answer in the box.

Answer

Math Formula Answer:

|x-59.60|=5.364

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