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Mathematics 8 Online
OpenStudy (anonymous):

Please help me!!! Modeling Personal income Total personal income in the United States (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 411.7 836.1 2285.7 4791.6 8406.6 8929.1 Source: Bureau of Economic Analysis, U.S. Department of Commerce These data can be modeled by an exponential function. Write the equation of this function, with x as the number of years past 1960. If this model is accurate, what will be the total U.S. personal income in 2010?

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