PLZZ HELP ME 20 POINTS AND BRAINLIEST!The price of a particular stock is represented by the linear equation Y= -0.91x+ 103.47 where x represents the number of weeks the stock has been owned and y represents the price of the stock, in dollars. If this relationship continues, what is the price of the stock after it has been owned for 12 weeks?A.$92.55B.$94.37C.$100.52D.$114.39
Accepted Solution
A:
Answer:The price of price of the stock after it has been owned for 12 weeks is $92.55Step-by-step explanation:Given: The price of a particular stock is represented by the linear equationy = -0.91x + 103.47where x represents the number of weeks the stock has been owned and y represents the price of the stock, in dollars.We have to find the price of price of the stock after it has been owned for 12 weeks.Since , x represents the number of weeks the stock has been owned.Thus, by substitute, x = 12We get the value of y , the price of stocks.Thus, y(x) = -0.91x + 103.47⇒ y(12) = -0.91(12) + 103.47⇒ y(12) = -10.92 + 103.47Solving , we get,⇒ y(12) = 92.55Thus, the price of price of the stock after it has been owned for 12 weeks is $92.55.