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, ›
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?
•
$209,619
$186,302
S164.219
$99.200

Answer 1

Answer: $212,019 to raise a child from birth to 17 years in a household with an annual income of $64,000.

Step-by-step explanation:

To find out the total cost of raising a child in a household with an annual income of $64,000, we can plug in x = 64,000 into the equation y = 1.55x + 110,419:

y = 1.55x + 110,419

y = 1.55 * 64,000 + 110,419

y = 101,600 + 110,419

y = $212,019

So, it would approximately cost $212,019 to raise a child from birth to 17 years in a household with an annual income of $64,000.