Question

HELP PLEASE The value of a stock can be modeled by this equation. V = 23n + 42; where V is the value, in dollars, and n represents the number of months since purchase. Which statements correctly interpret the slope of the line? A. The slope of the line is 42. This means that the value of the stock increases $42 for each additional month since purchase. B. The slope of the line is 42. This means that the initial value of the stock was $42. C. The slope of the line is 23. This means that the initial value of the stock was $23. D. The slope of the line is 23. This means that the value of the stock increases $23 for each additional month since purchase.

Answer 1

D.

Explanation:

The slope is the coefficient of n ( the month) which is 23.

This means the stock increases each month by a factor of 23.

Answer 2

D. The slope of the line is 23. This means that the value of the stock increases $23 for each additional month since purchase.

Explanation:

In the basic equation y = mx + b, m is the slope. In this situation, 23 is the slope because it is the coefficient.

42 is not the slope because it is the y-intercept.

D is the correct answer because the slope is 23, which means in this situation that the stock's value increases by $23 for each additional month after the purchase.