Year Total personal income of the country in billions of dollars) for selected years from 1955 to 2000 is given in the t
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Year Total personal income of the country in billions of dollars) for selected years from 1955 to 2000 is given in the t
Year Total personal income of the country in billions of dollars) for selected years from 1955 to 2000 is given in the table. (a) These data can be modeled by an exponential function. Write the equation of this function, with x as the number of years after 1955. (b) If this model is accurate, what will be the country's total personal income in 2005? (c) In what year does the model predict the total personal income will reach $22 trillion? 1955 1965 1975 1985 1995 2000 Personal Income .405.7 837.9 2313.4 4880.6 8422.1 10,240.1 (a) The equation of an exponential function that models the data is y=0 (Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!