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]