After looking for options in cars, you decide that you actually want a classis car because after some time, the value of the car goes up, if kept in good condition.

 

You found a seller of the perfect classic car. It will cost you $5,000. The seller tells you that the value of the car can be determined by the equation 

 

V(t) =18.75t squared - 450t + 5,000

 

You want to make sure the car is right for you, so you have thought about the following questions:

 

1. What is the maximum value of the car?

2. How long will it take to get that value?

3. How long will it take to double the amount you paid for the car?

4. How would the formula change if the seller asked for $8,000 instead?

Answer rating: 100% (QA)

To find the maximum value of the car you need to determine the vertex of the quadratic equation Vt 1... View the full answer