Total personal income of the country (in billions of dollars) for selected years from 1959 to...
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Total personal income of the country (in billions of dollars) for selected years from 1959 to 2004 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 1959. (b) If this model is accurate, what will be the country's total personal income in 2009? (c) In what year does the model predict the total personal income will reach $22 trillion? CELLS (b) The country's total personal income in 2009 will be $ billion. (Round to three decimal places as needed.) Year 1959 1969 1979 1989 1999 2004 (a) The equation of an exponential function that models the data is y=. (Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.) (c) The total personal income will reach $22 trillion in the year (Round up to the nearest year.) Personal Income 408.1 838.9 2310.7 4883.2 8423.9 10,233.4 0 Total personal income of the country (in billions of dollars) for selected years from 1959 to 2004 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 1959. (b) If this model is accurate, what will be the country's total personal income in 2009? (c) In what year does the model predict the total personal income will reach $22 trillion? CELLS (b) The country's total personal income in 2009 will be $ billion. (Round to three decimal places as needed.) Year 1959 1969 1979 1989 1999 2004 (a) The equation of an exponential function that models the data is y=. (Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.) (c) The total personal income will reach $22 trillion in the year (Round up to the nearest year.) Personal Income 408.1 838.9 2310.7 4883.2 8423.9 10,233.4 0
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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