The median household income in the US grew linearly from approximately $30, 000 in 1990 to $48, 000 in 2006. Let x be the number of years since 1990. Express the median income as a function of x. Use this function to approximate the median income in 2030. What is the significance of the slope of this function

Answers

Answer 1

Answer:

[tex]y = 1125x+30000[/tex] --- The equation

The median income in 2030 is $75000

Step-by-step explanation:

Given

Represent years since 1990 with x and the income with y.

So, we have:

[tex](x_1,y_1) = (0,30000)[/tex] --- In 1990

[tex](x_2,y_2) = (16,48000)[/tex] --- In 2006

Solving (a): Express as a function.

First, we calculate the slope

[tex]m = \frac{y_2 - y_1}{x_2 - x_1}[/tex]

[tex]m = \frac{48000-30000}{16-0}[/tex]

[tex]m = \frac{18000}{16}[/tex]

[tex]m = 1125[/tex]

The equation is then calculated as:

[tex]y = m(x-x_1)+y_1[/tex]

This gives:

[tex]y = 1125(x-0)+30000[/tex]

Open bracket

[tex]y = 1125x-0+30000[/tex]

[tex]y = 1125x+30000[/tex]

Solving (b): Income in 2030.

In 2030, x = 40.

Substitute 40 for x in [tex]y = 1125x+30000[/tex]

[tex]y = 1125*40 +30000[/tex]

[tex]y = 45000 +30000[/tex]

[tex]y = 75000[/tex]

Solving (c): The significance of the slope.

In (a), the slope is calculated as 1125.

This implies that the yearly rate is $1125


Related Questions

6700 dollars is placed in an account with an annual interest rate of 8%. How much will be in the account after 24 years, to the nearest cent

Answers

Answer:

Step-by-step explanation:

The answer depends on whether the interest is simple or compound.

For simple interest:

A = 670(1 + 0.08)(24)

For compound interest

A = 670(1 + 0.08)24

Answer:

???????

Step-by-step explanation:

6. Stacy has 3 lb of grapes to make 10 bowls of fruit salad. If her recipe calls
for 4 oz of grapes per bowl, will she have enough grapes? How much leftover
does she have, or how much extra is needed?

Answers

Answer:

4.8oz

Step-by-step explanation:

So 1lb=16oz

16x3=48oz

48/10=4.8

Distributing them out she has little over enough for all 10

She will have half pound or 8 oz of grapes leftover.

What is unit conversion?

The same attribute is expressed using a unit conversion, but in a different unit of measurement. For instance, time can be expressed in minutes rather than hours, and distance can be expressed in kilometers, feet, or any other measurement unit instead of miles.

Given, Stacy has 3 lb. of grapes to make 10 bowls of fruit salad.

Since, 1  lb. = 16 oz.

So, Stacy has total grapes = 48 oz.

1 bowl of fruit salad Required = 4 oz. of grapes

Thus,

10 bowl of fruit salad required = 40 oz. of grapes

So, Leftover grapes = 48 -40

Leftover grapes = 8 oz or 1/2 lb.

Therefore, She will have half pound of grapes leftover.

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what is 233 x 234 ???

Answers

Answer:

the answer is 54522

Step-by-step explanation:

hope it helps

Answer:

it is 54522 hope it helps

I need help on this badly please come with good explanation on how to slove problems like this.​

Answers

Answer:

Step-by-step explanation:

This is a parabola. Because of that, the extreme exists at either the highest point on the graph or at the lowest point on the graph (which is also known as the vertex). This is a positive parabola, so the vertex is a minimum. The coordinates of the vertex are (4, -2.5). The 4 is the x value; therefore, the value of x where the polynomial has an extreme (or extrema) is at x = 4

Montrey recently paid off his simple interest loan. If he borrowed $6,500 for 5 years at 7%, what was the total amount he had to pay back?

Answers

9514 1404 393

Answer:

  $8,775

Step-by-step explanation:

The amount due is given by the formula ...

  A = P(1 +rt)

where P is the principal amount, r is the annual rate, and t is the number of years.

  A = $6,500(1 +0.07×5) = $6,500(1.35) = $8,775

Montrey had to pay back $8,775.

0.12 divided by 5.676

Answers

Answer:

47.3

Step-by-step explanation:

Brody invested $2,800 in an account paying an interest rate of 2.7% compounded
continuously. Assuming no deposits or withdrawals are made, how long would it
take, to the nearest year, for the value of the account to reach $3,560?

Answers

answer-

t≈9

step-by-step: i skipped the question and  got the right answer

The amount will become $3560 after the tenure of 9 years.

What is compound interest?

Compound interest is the interest on savings computed on both the initial principal and the interest earned over time. In theory, continuously compounded interest means that an account balance is constantly earning interest and refeeding that interest back into the balance so that it, too, earns interest.

Given that Brody invested $2,800 in an account paying an interest rate of 2.7% compounded continuously.

The time period will be calculated as,

[tex]P(t) = P_oe^{rt}\\\\3560 = 2800e^{0.027\times t}[/tex]

Take log on both sides and solve,

ln(3560 / 2800) = 0.027x t(ln(e)

t = ln(1.27) / 0.027

t = 9 years

Therefore, the amount will become $3560 after the tenure of 9 years.

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A submarine was situated 832 feet below sea level. If it descends 289 feet, what is its new position?

Answers

It's new position is 1121 feet below sea level.

(In this problem u are descending into a negative value so it made sense for me to add for some reason).

Hope this helps and have a good day.

Also, as proof I included my calculator showing the logic behind it. Sorry for bad Camera quality.

-R3TR0 Z3R0

Help me please I don’t understand these please helpp

Answers

its ok! the equation youd need is
90°=2x+x-3
90=3x-3
93=3x
31=x :]

Suppose a scientist puts a colony of bacteria weighing 1 gram in a large container. Assume that these bacteria reproduce in such a way that their number doubles every 20 minutes.

Answers

Answer:

okkkkkkkkkkkkkkkkkkkkkkkkkkk

HELP ME I NEED THE ANSWER TO THIS!!

Answers

Answer:

I think it is D

Step-by-step explanation:

Subtract 1 3/8 from the sum of 3 3/4 and 5 1/6

Answers

Answer:

[tex] \frac{ - 1448}{192} = \frac{ - 181}{3} = - 60.3[/tex]

hope it's helpful ❤❤❤❤

THANK YOU.

Pls help meeee :))))))

Answers

Answer:

A. 1.80

Step-by-step explanation:

Answer:

A. 1.80

Explanation:

What is the measure of angle x?

A right angle is shown divided into two parts. The measure of one part of the right angle is 30 degrees. The measure of the other part is 3x.

10
20
30
40

Answers

Step-by-step explanation:

Right angle=90°

90-30= 3x

3x=60

x=20

Help meee !!! Last question

Answers

Answer:

It'll be 2. Equation 1 will be 4 times larger than equation 2,

exp. 1. 21/3*4

= 7*4

=28

exp 2. 21/3

= 7

Hence, it is four times

Hope it helped

All the best!! ♥

15 points!!! Help!! Find x. Round to the nearest tenth

Answers

Answer:

So let the hypotenuse be

x

:

sin

(

47

°

)

=

opposite side

x

sin

(

47

°

)

=

12

x

To solve for

x

, divide

sin

(

47

°

)

by

12

:

x

=

12

sin

(

47

°

)

x

16

Step-by-step explanation:

Answer: 16

Reason: bc it just is

"What is the difference between a ratio and its related rate and unit rate?"

Answers

Answer:

Step-by-step explanation:

The ratio is the relationship of two numbers. ... A rate is a little bit different than the ratio, it is a special ratio. It is a comparison of measurements that have different units, like cents and grams. A unit rate is a rate with a denominator of 1.

The difference between ratio and unit rate is that both of them are measures of two units and are written in the form of a numerator and a denominator but the unit rate denominator must be one.

What is a ratio?

It shows how many times one value is contained in another value.

The ratio shows how many times one value is contained in another value.

Example:

There are 3 apples and 2 oranges in a basket.

The ratio of apples to oranges is 3:2 or 3/2.

We have,

Ratio and unit rate

Ratio and unit rate both are written in the form of a numerator and a denominator.

The ratio is a measure of two units contained in a whole amount.

Example: 3 apples and 3 mangoes are contained in a bag

The ratio of apple and mango is 3:3 = 1:1

The unit rate is also a measure between two units but the denominator should always be one.

Example: A man can run 10 miles in 10 hours

In one hour 1 mile.

The unit ratio is 10miles per hour.

Thus,

The difference between ratio and unit rate is that both of them are measures of two units and are written in the form of a numerator and a denominator but the unit rate denominator must be one.

Learn more about ratios here:

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Jackson bought snacks for his team's practice. He bought a bag of oranges for $1.61 and a 6-pack of juice bottles. The total cost before tax was $13.19. How much was each bottle of juice?

Answers

Answer:

$1.93

Step-by-step explanation:

From the total (13.19), subtract the cost of the oranges (1.61). That would equal 11.58, which is the cost of the 6-pack of juice bottles. Then, divide 11.58 by 6 to determine the cost of each bottle.

Each bottle = $1.93

Hope this helps!!

What is the slope of the line that passes through the points (-2, 2), and (-4,-2)?

A. -1/2

B. 2

C. -2

D. 1/2 ​

Answers

Answer:

Option B

Step-by-step explanation:

Use the slope formula.

[tex]\frac{rise}{run}=\frac{-2-2}{-4+2}=\frac{-4}{-2}=\boxed{2}[/tex]

The answer sohuld be B.

Hope this helps.

You earn 28$ for washing 7 cars. How much do you earn for washing 3 cars?​

Answers

Answer:

$12

Step-by-step explanation:

;)

Answer:

12

Step-by-step explanation:

28 divided by 7 = 4

4 x 3 = 12

Need help on this please

Answers

Answer:

157.08m²

Step-by-step explanation:

Since the area of a circle is A=πr²

The radius is 10, so

A=π10²

A=314.16 (rounded to nearest hundredth)

Half of that is 157.08.

What is the product of
4
7
and
1
6
? Use the grid to help you.

A grid divided vertically into sevenths and horizontally into sixths. Each side length is one foot.

Answers

Answer:

C and 2/21

Step-by-step explanation:

i did it

We can write the product of the given fractions as -

{4/7 x 1/6} = 2/21

What is fraction?

A fraction is expressed in the form of {x/y}, where {y ≠ 0}.

Given is to find the product of the fractions -

4/7 and 1/6

We can write the product of the fractions {4/7} and {1/6} as -

{x] = 4/7 x 1/6

{x} = 2/7 x 1/3

{x} = 2/21

Therefore, we can write the product of the given fractions as -

{4/7 x 1/6} = 2/21.

To solve more questions on fractions, visit the link below-

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CAN SOMEONE PLEASE HELP ME!!!!

Answers

Option 4. x>2 should be an open circle on 2 going right. x<=-2 should be a closed circle on -2 going left. Remember, < equals open circle and <= equals closed circle.

I need to know what are the six trigonometric functions of angle theta

Answers

Answer:

Sine, cosine, tangent, cosecant, secant and cotangent.

Find the circumference and the area plzzz

Answers

Answer:

3.

A) 43.96 cm (Circumference)

B) 153.86 square cm (Area)

4.

A) 62.8 ft (Circumference)

B) 314 square ft (Area)

Step-by-step explanation:

3. Radius 7 cm

7*2=14 (Find the diameter)

14*3.14= 43.96 cm (Circumference)

7*7=49 (Find the square of radius)

49*3.14 = 153.86 square cm (Area)

4. Diameter: 20 ft

20*3.14 = 62.8 ft (Circumference)

20/2=10

10*10=100

100*3.14= 314 square ft (Area)

which is longer 3 ft or 2 m

Answers

Answer:

2m is longer

Step-by-step explanation:

-9(x+3) < 45
solve for x

Answers

It is x>-8 you welcome :)

Hey can someone please help me

Answers

The vertex is located at (h,k)

The two roots p and q can be defined as such

p = h-rq = h+r

where r is the horizontal distance between the vertex and either root. We use the same r value for each equation because of symmetry. The diagram below shows what I mean.

Let's add up those two equations to get

p+q = 2h

The left hand sides p and q add to p+q. The right hand sides add to (h-r)+(h+r) = 2h. Note the r's cancel.

From here, we divide both sides by 2 and we end up with

h = (p+q)/2

In short, if we know the roots p and q, then we find the x coordinate of the vertex (h) to be the average of those roots. You add up the roots and then divide by 2.

After you figure out the value of h, finding the value of k will have us plug in this h value into the quadratic equation and simplifying.

------------------------

Example:

Let's say we have the quadratic y = x^2 - 8x + 12. This factors to (x-2)(x-6)

Solving (x-2)(x-6) = 0 shows that x-2 = 0 becomes x = 2 and x-6=0 becomes x = 6.

So the roots here are p = 2 and q = 6. The order of the roots doesn't matter.

Averaging these roots gives us

h = (p+q)/2

h = (2+6)/2

h = 8/2

h = 4

The x coordinate of the vertex is x = 4.

Plug this back into the original equation to find...

y = x^2 - 8x + 12

y = (4)^2 - 8(4) + 12

y = 16 - 32 + 12

y = -16 + 12

y = -4

Or you could say

y = x^2 - 8x + 12

y = (x-2)(x-6)

y = (4-2)*(4-6)

y = (2)*(-2)

y = -4

Either way, we find that k = -4 is the y coordinate of the vertex

The vertex for this example is located at (h,k) = (4, -4)

Refer to the diagram below.

are squares parallelograms

Answers

yes because it has 4 sides

9514 1404 393

Answer:

  yes

Step-by-step explanation:

A parallelogram is a quadrilateral with opposite sides parallel. A square is such a quadrilateral, so a square is a parallelogram.

_____

A rhombus is a special case of parallelogram in which adjacent sides are the same length.

A square is a special case of rhombus in which the angles are 90°. Hence a square is a special case of parallelogram.

__

An alternate route to the same conclusion is ...

A rectangle is a special case of parallelogram in which vertex angles are 90°.

A square is a special case of rectangle in which adjacent sides are the same length. Hence a square is a special case of parallelogram.


Here is a list of numbers:
20 8. 6. 11.3. 1572072.73
State the median​

Answers

Answer:

20

Step-by-step explanation:

your middle median is 20  in ascending order it is also 20  *im in year 8 my explenation is bad*

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