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1 year ago

In a volatile housing market, the overall value of a home can be modeled by V(x) = 415x2 - 4600x + 200000, where V

Mathematics

1 answer:

tensa zangetsu [6.8K]1 year ago

4 0

Answer:

See below

Step-by-step explanation:

This is a bowl shaped parabola ( due to the positive coefficient of x^2)

the minimum value (vertex )

will occur at x value = - b/2a = - -4600/2(415) = 5.54 years

the minimum VALUE will be the quation with this value of x inserted

415 (5.54)^2 - 4600(5.54) + 200 000 = $ 187 253.01

The home will reach a minumum value of 187253.01 in 5.54 years

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