Total personal income in the United States (in billions of dollars) for selected years from 1960 to 2002 is given in the following table. 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 it's necessary round your calculations to four decimal places.
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Correct Answer:
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Q16: We will show in the next chapter
Q17: The following figure, from Investor's Business Daily
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