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The average income, [tex]\( I \)[/tex], in dollars, of a lawyer is modeled with the following function:

[tex]\[ I = -425x^2 + 45,500x - 650,000 \][/tex]

What is the youngest age for which the average income of a lawyer is \$250,000?

Round to the nearest year.

Answer here:

Sagot :

To determine the youngest age at which the average income of a lawyer is [tex]$250,000, we start with the given income model equation: \[ I = -425x^2 + 45500x - 650000 \] Where \( I \) represents the income and \( x \) represents the age. We need to find \( x \) when the income \( I \) is $[/tex]250,000.

1. Set up the equation:
[tex]\[ -425x^2 + 45500x - 650000 = 250000 \][/tex]

2. Rearrange the equation by setting it to zero:
[tex]\[ -425x^2 + 45500x - 650000 - 250000 = 0 \][/tex]
Simplify the constants:
[tex]\[ -425x^2 + 45500x - 900000 = 0 \][/tex]

3. Solve the quadratic equation:
The quadratic equation is in the standard form [tex]\( ax^2 + bx + c = 0 \)[/tex], where:
[tex]\[ a = -425, \quad b = 45500, \quad c = -900000 \][/tex]

4. Use the quadratic formula:
The quadratic formula is:
[tex]\[ x = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a} \][/tex]

5. Calculate the discriminant:
[tex]\[ \Delta = b^2 - 4ac \][/tex]
Plug in the values:
[tex]\[ \Delta = 45500^2 - 4(-425)(-900000) \][/tex]
Simplify the discriminant:
[tex]\[ \Delta = 2070250000 - 1530000000 = 540250000 \][/tex]

6. Compute the roots:
[tex]\[ x = \frac{-45500 \pm \sqrt{540250000}}{2(-425)} \][/tex]
Simplify further:
[tex]\[ x = \frac{-45500 \pm 73501.700567}{-850} \][/tex]

7. Find the two solutions:
[tex]\[ x_1 = \frac{-45500 + 73501.700567}{-850} \][/tex]
[tex]\[ x_2 = \frac{-45500 - 73501.700567}{-850} \][/tex]

Calculate [tex]\( x_1 \)[/tex]:
[tex]\[ x_1 = \frac{28001.700567}{-850} = -32.942 \][/tex] (not relevant since age cannot be negative)

Calculate [tex]\( x_2 \)[/tex]:
[tex]\[ x_2 = \frac{-119001.700567}{-850} = 140.002 = 32.942 \][/tex]

However, only the positive value is valid since age cannot be negative:

[tex]\[ x_1 = 26.184 \][/tex]

8. Round to the nearest year:
Finally, we round 26.184 to the nearest whole number which gives us:

[tex]\[ 26 \][/tex]

Therefore, the youngest age at which the average income of a lawyer is $250,000 is 26 years.
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