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The equation y= 1.55x + 110,419 approximates the total cost, in dollars, of raising a child in the United States from birth to 17 years, given the households annual income, x.

Approximately how much would it cost to raise a child from birth to 17 years in a household with an annual income of $48,000?

A$185,921
B$184,819
C$182,419
D$74,409

Verified Answer :

melhunt99

Well the equation is y=1.55x+110,419 and they give you X so put that in: y=1.55(48,000)+110,419. Now you multiply: 1.55(48,000)=74,400, y=74,400+110,419. Now add: 74,400+110,419=184,819 or B :)

calculista

Answer:

Option B \(\$184,819\)

Step-by-step explanation:

Let

y------> the total cost in dollars f raising a child in the United States from birth to \(17\) years

x------> the households annual income

we have

\(y=1.55x+110,419\)

Find the value of y for \(x=\$48,000\)

\(y=1.55(48,000)+110,419=\$184,819\)

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