the price of one share of stock in a company after x years may be modeled by the equation y = 200 - 8x. what…

the price of one share of stock in a company after x years may be modeled by the equation y = 200 - 8x. what is the best estimate of the price of one share of stock after 20 years? a. $22.50 b. $40.00 c. $197.50 d. $360.00

the price of one share of stock in a company after x years may be modeled by the equation y = 200 - 8x. what is the best estimate of the price of one share of stock after 20 years? a. $22.50 b. $40.00 c. $197.50 d. $360.00

Answer

Explanation:

Step1: Identify the value of x

We are given that x = 20 years.

Step2: Substitute x into the equation

Substitute x = 20 into y = 200 - 8x. So, y = 200 - 8×20.

Step3: Perform the calculation

First, calculate 8×20 = 160. Then, y = 200 - 160 = 40.

Answer:

B. $40.00