Question

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.
Approximately how much would it cost to raise a child from birth to 17 years in a household with an annual income of $64,000?
A )$209,619
B )$186,302
C $164,219
d) $99,200

Answer 1

Answer:

A) $209,619

Step-by-step explanation:

y = 1.55x + 110,419

y = 1.55(64,000) + 110,419

y = 99,200 + 110,419

y = 209,619