A Quadratic Model for the Median Price of a Condo

question 32

Multiple Choice

A quadratic model for the median price of a condo is given by . The variable x is the years since 2000. Find the vertex of the model. Explain it in this problem.

• A) At the end of 2000 the median price is $338604.
• B) At the end of 2003 the median price is $338604.
• C) At the end of 2004 the median price is $338604.