The U.S. Census Bureau reported that the median income for all U.S. households in 2008 was $50,303.

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The U.S. Census Bureau reported that the median income for all U.S. households in 2008 was $50,303. In 1988, the median income (in 2008 dollars) was $47,614. The median income is approximately linear and is a function of time. Find a formula for the median income, I, as a function of the year t, where t is the number of years since 1900.

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Calculus With Applications

ISBN: 9780321831101

10th Edition

Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey

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