This is the concept of financial algebra, we are required to calculate the value of stock ABC which follows the model given by:
y=12.21x+37.42
given that x=62 days,
the value of the stock after 62 days will be given by:
y=12.21(62)+37.42
y=757.02+37.42
y=794.44
ABC will be worth $794.44
The answer is A]
