Question

A share of ABC stock was worth $70 in 2011 and only

Answer 1

Answer:

5v + 32y = 350

Step-by-step explanation:

Let, the year counting starts in 2011 and represented by y.

So, the share of ABC stock value was $70 at y = 0. And in the year 2016 i.e. y = (2016 - 2011) = 5, the share worth $38.

If there is a linear relationship between the number of years since 2011 i.e. y and the value of the share of ABC stock i.e. v, then we can write the equation of this situation as

$\frac{v - 70}{70 - 38} = \frac{y - 0}{0 - 5}$

⇒ 5v - 350 = - 32y

⇒ 5v + 32y = 350 (Answer)