In the report "Expenditures on Children by Families," the U.S. Department of Agriculture projected the yearly child-rearing expenditures on children from birth through age 17. For a child born in 2010 to a two-parent middle-income family, the report estimated annual expenditures of $10,808 when the child is 6 years old, and $14,570 when the child is 15 years old. (a) Using the above information, write the two ordered pairs of the form (child's age, annual expenditure). (Let c represent the child's age and y represent annual expenditure.) (c, y) = | (smaller c-value) (c, y) = |(larger c-value) (b) Assume the relationship between the child's age c and the annual expenditures y is linear. Use your answers to part (a) to write an equation in slope-intercept form that models this relationship. (c) What are the projected child-rearing expenses when the child is 11 years old?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
icon
Concept explainers
Topic Video
Question
In the report "Expenditures on Children by Families," the U.S. Department of Agriculture projected the yearly child-rearing expenditures on children from birth through age 17. For a child born in 2010
to a two-parent middle-income family, the report estimated annual expenditures of $10,808 when the child is 6 years old, and $14,570 when the child is 15 years old.
(a) Using the above information, write the two ordered pairs of the form (child's age, annual expenditure). (Let c represent the child's age and y represent annual expenditure.)
(с, у)
(smaller c-value)
%D
(с, у) 3
|(larger c-value)
(b) Assume the relationship between the child's age c and the annual expenditures y is linear. Use your answers to part (a) to write an equation in slope-intercept form that models this
relationship.
(c) What are the projected child-rearing expenses when the child is 11 years old?
Transcribed Image Text:In the report "Expenditures on Children by Families," the U.S. Department of Agriculture projected the yearly child-rearing expenditures on children from birth through age 17. For a child born in 2010 to a two-parent middle-income family, the report estimated annual expenditures of $10,808 when the child is 6 years old, and $14,570 when the child is 15 years old. (a) Using the above information, write the two ordered pairs of the form (child's age, annual expenditure). (Let c represent the child's age and y represent annual expenditure.) (с, у) (smaller c-value) %D (с, у) 3 |(larger c-value) (b) Assume the relationship between the child's age c and the annual expenditures y is linear. Use your answers to part (a) to write an equation in slope-intercept form that models this relationship. (c) What are the projected child-rearing expenses when the child is 11 years old?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,