The equation y = 12.21x + 37.42 fits the scatterplot of the values for stock abc over the past month with an r-value of 0.9871. how much do you think abc will be worth at x = 62 days?

a. $794.44
b. $781.52
c. $12.21
d. $37.42

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]

Step-by-step explanation: