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 tye price of the stock after it has been owned for 12 weeks?

$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: