Let A, B, and C Be Fixed Numbers with a >

question 17

Multiple Choice

Let a, b, and c be fixed numbers with a > 0 and let f(x) = $a x ^ { 2 }$ + bx + c. Which of the following properties is true of the graph of f(x) ?

• A) f(x) is always concave up
• B) f(x) has either a relative maximum or inflection point
• C) f(x) has one relative maximum
• D) f(x) has one inflection point
• E) none of these

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Definitions:

Imputed Interest Charge

An estimated interest rate used in transactions where no interest or an unrealistic interest rate is charged.

Equity Funds

Mutual funds that invest predominantly in stocks or equities, aiming for long-term capital growth.

Avoidable Interest

Interest costs that could be avoided if an entity did not make an expenditure for an asset under construction.

Construction Loan

A short-term loan used to finance the building of a home or another real estate project, with the property under construction serving as collateral.