Average prices of homes the average annual price of


Question: AVERAGE PRICES OF HOMES The average annual price of single-family homes in Massachusetts between 1990 and 2002 is approximated by the function

P(t) = -0.183t3 + 4.65t2 - 17.3 + 200                 (0 ≤ t ≤ 12)

Where P(t) is measured in thousands of dollars and t is measured in years, with t = 0 corresponding to 1990. In what year was the average annual price of single-family homes in Massachusetts lowest? What was the approximate lowest average annual price?

Solution Preview :

Prepared by a verified Expert
Mathematics: Average prices of homes the average annual price of
Reference No:- TGS02359467

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)