Solve the application involving the slope of a line.Recently, a stock split and the value per share increased. The stock was valued at $11 per share 3 days after the stock split and at $35 per share 11 days after the split. The equation
models the relationship between the stock's value, V , in dollars, and the number of days, t , since the stock split. Find the slope and give its meaning.
A. m = -3; During this period, the value of the stock decreased at the rate of $3 per day.
B. m = 2; During this period, the value of the stock increased at the rate of $2 per day.
C. m = 3; During this period, the value of the stock increased at the rate of $3 per day.
D. m = -2; During this period, the value of the stock decreased at the rate of $2 per day.
Answer: C
Mathematics
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