In 2005, the average per-capita income in the USwas $34,586 and increasing at a rate of

Chapter 7, Problem 188

(choose chapter or problem)

In 2005, the average per-capita income in the USwas $34,586 and increasing at a rate of r(t) =1556.37e0.045t dollars per year, where t is the numberof years since 2005.(a) Estimate the average per-capita income in 2015.(b) Find a formula for the average per-capita income asa function of time after 2005.

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