Nate sold the stock at $53.59, as per linear equation.
What is a linear equation?
"A linear equation is an equation in which the highest power of the variable is always 1. It is also known as a one-degree equation. When this equation is graphed, it always results in a straight line."
Given, Nate bought shares of a stock at $36.85.
The price of stock is increased by 2 dollars.
Now, the price of the stock is
= ($36.85 + $2)
= $38.85
Again, the price of the stock increased by 40% of the buying price.
The price of the stock increased is:
($36.85 × 40%)
= $14.74
Therefore, the selling price of the stock is:
($38.85 + $14.74) = $53.59.
Learn more about linear equation here: https://brainly.com/question/15120124
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