The closing prices of a company's stock during a period of one month generally followed the pattern described by the equation below, where time, t, changes from 0 to 30. What
is the meaning of the number 40.23 in the equation?
p = -0.127t + 40.23
OA.
The closing price on the first day of the month was $40.23.
OB.
If the prices followed the model exactly, the closing price on the first day of the
month would have been $40.23.
O C.
The closing price on the last day of the month was $40.23.
OD
If the prices followed the model exactly, the closing price on the last day of the
month would have been $40.23.