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25 September, 09:05

A small company borrows money and remains in debt to its lenders for a period of time. The function f (x) = - 6x2+8x+50 represents the amount of debt the company has, in thousands of dollars, x years after opening its business. Approximately how many years after opening its business will the company be out of debt?

A. 2.9

B. 3.2

C. 3.6

D. 4.2

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  1. 25 September, 12:08
    0
    Given that the debt has been represented by the function:

    f (x) = - 6x^2+8x+50

    To get the number of years, x that it would take for the company to be debt free we proceed as follows:

    we solve the equation for f (x) = 0

    hence:

    0=-6x^2+8x+50

    solving for x using the quadratic formula we get:

    x=[-b+/-sqrt (b^2-4ac) ]/2a

    x=[-8+/-sqrt (8^2-4 * (-6) * 50) ] / (-6*2)

    x=[-8+/-√1264] / (-12)

    x=27.552

    x~28
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