The price of Stock A at 9 A.M. was $15.75. Since then, the price has been increasing at the rate of $0.05 per hour. At noon,
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Answer:
C. $25
Step-by-step explanation:
We will find,
The slope of the function using .
Taking the points (1,40) and (2,55).
Slope =
i.e. Slope =
i.e. Slope = 15
Substituting the slope and point (1,40) in the equation ,
We have,
i.e.
i.e. b= 25
Thus, the equation of the linear function is .
<em>This linear function represents the cost of the comic book since Lucy purchased it, where x= years.</em>
So, the initial value of the comic book is when x= 0.
So, i.e. y= 25
Hence, the cost of the book when Lucy purchased it was $25.