Given conditions are :
In 1980's, a typical middle-income household earned= $34,757
In 2009, a similar middle-income household earned= $38,550
And we have to find relative increase in income for these households from 1980 to 2009.
So first we will find the total increase in amounts.
Relative increase = 
= 10.91% or rounding it off we get approx 11%.
Hence, the answer is 11%.
Answer: the population after 10 years is 12036
Step-by-step explanation:
We would apply the formula for exponential growth which is expressed as
A = P(1 - r)^ t
Where
A represents the population after t years.
t represents the number of years.
P represents the initial population.
r represents rate of growth.
From the information given,
P = 14000
r = 1.5% = 1.5/100 = 0.015
t = 10 years
Therefore, the exponential decay equation to find the population of the town after 10 years is
A = 14000(1 - 0.015)^10
A = 14000(0.985)^10
A = 12036
Alright give me a second ok
So,
To divide a fraction by a fraction, all you need to do is invert the second fraction and multiply the resulting fractions.
Step 1: Flip the second fraction.
Step 2: Multiply the fractions.
