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?

The price of price of the stock after it has been owned for 12 weeks is $92.55.

Step-by-step explanation:

Given: 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.

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 = 12

We 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 + 103.47

Solving , we get,

⇒ y(12) = 92.55

Thus, the price of price of the stock after it has been owned for 12 weeks is $92.55.

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step-by-step explanation: