30 points! The equation y=1.55x + 110,419 approximates the total amount, in dollars, spent by a household to raise a child in the United States from birth to 17 years, given the household’s annual income, x. What is the approximate average yearly cost of raising a child in a household with an annual income of $33,000

Given:

The equation is

Here, y approximates the total amount, in dollars, spent by a household to raise a child in the United States from birth to 17 years, given the household’s annual income, x.

To find:

The approximate average yearly cost of raising a child in a household with an annual income of $33,000.

Solution:

We have,

Put x=33000 to get the total amount, in dollars, spent by a household if annual income of $33,000.

So, total amount spent by a household to raise a child in the United States from birth to 17 years is $161,569.

Divide this total amount by 17 to get the average yearly cost of raising a child in a household with an annual income of $33,000.

Therefore, the average yearly cost of raising a child in a household with an annual income of $33,000 is $9504.06.

the equation is not included but the answer is (1.50, 2.00, 2.75)

step-by-step explanation: