Total personal income in the U.S. (in billions of dollars) for selected years from 1960 to 2002 is given in the following table.

?

Year

1960

1970

1980

1990

2000

2002

Personal income

 

286.40

 

379.26

 

522.29

 

670.80

 

810.28

 

853.53

?

?

These data can be modeled by , wherexis the number of years past 1960. If this model is accurate, find the rate of change of the total U.S. personal income in 2001. Round your answer to the nearest ten million dollar.

?



A. $25.92 billion per year

B. $22.76 billion per year

C. $13.75 billion per year

D. $84.31 billion per year

E. $21.61 billion per year


Answer: B

Mathematics

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