MATH SOLVE

4 months ago

Q:
# 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 household’s annual income, x. What is the approximate total cost of raising a child from birth to 17 years in a household with a weekly income of $1211?A)$112,295.05B)$132,943.60C)$155,468.20D)$208,025.60

Accepted Solution

A:

Answer:The correct option is A). $112295.05Step-by-step explanation:The equation for approximating the total cost is given to be :y = 1.55x + 110419 , where x is the annual household's income and y is the total cost in dollars of raising a child in the united states from birth to 17 yearsWe need to calculate the total cost of raising a child in the united states from birth to 17 years if the annual household's income is given to be $1211So, for this we will use the given equation and substitute x = 1211 and find the value of y which will be our total cost⇒ Total cost , y = 1.55 × 1211 + 110419⇒ y = 1877.05 + 110419⇒ y = 112296.05 ≈ 112295.05Hence, The approximate total cost of raising a child from birth to 17 years in a household with a weekly income of $1211 = $112295.05Therefore, The correct option is A). $112295.05