Per capita income. In 2000, U.S. per capita personal income I was $29,849. In 2008, it
Chapter 3, Problem 22(choose chapter or problem)
Per capita income. In 2000, U.S. per capita personal income I was $29,849. In 2008, it was $39,742. (Source: U.S. Bureau of Economic Analysis.) Assume that the growth of U.S. per capita personal income follows an exponential model. a) Letting be 2000, write the function. b) Predict what U.S. per capita income will be in 2020. c) In what year will U.S. per capita income be double that of 2000?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer