Question

Suppose that y = 41,000(1.004)x represents the median household income in dollars in the U.S. , where x represent the number of years after 1990. Predict the median household income in 2008 (x = 18), to the nearest dollar.

Answer 1

substitute x= 18 in equation
Y = 41000(1.004) x

?

Answer 2

wait im confused

Answer 3

what would the answer be i really am confused on how to do these

Answer 4

would it be $44,055