SOLUTION: The value of a share of I.J. Solar can be represtented by V(x)=x^2-6x+13, where x is the number of months after January 2004. What is the lowest value V(x) will reach and when did

Question 191813: The value of a share of I.J. Solar can be represtented by V(x)=x^2-6x+13, where x is the number of months after January 2004. What is the lowest value V(x) will reach and when did that occur?
Answer by Earlsdon(6294) (Show Source): You can put this solution on YOUR website!
Given:
Find the minimum value of x.
The minimum value of x will occur at the vertex of the upward-opening parabola.
This is found by:
where a = 1 and b = -6, so...

The lowest value of V(x) is found by substituting the minimum value of x (x = 3) into the given function and solving for V.
Substitute x = 3.
Simplify.

The lowest value of V(x) is 4.
Since x = the number of months after January, 2004, the lowest value of V(x) will be January + 3 months or April of 2004.
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