The following table representing a spreadsheet shows the projected 2020 and 2030 U.S. male and female population in various age groups, as well as per capita incomes.†AgeMeanIncome($1,000)2020 Population2030 PopulationFemale(Millions)Male(Millions)Female(Millions)Male(Millions)15 to 24142324252625 to 44424343454645 to 64484341424165 to 842931204031Give a single matrix formula that expresses the total income in 2030. (Take D to be the total income, take N to be the income per person, and take F and M to be, respectively, the female and male populations in 2030.) A) D = N(F + M)B) D = NFMC) D = N(F − M)D) D = NF − ME) D = NF + M Compute its value, rounded to two significant digits.$ ____________ trillion

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Description: The following table representing a spreadsheet shows the projected 2020 and 2030 U.S. male and female population in various age groups, as well as per capita incomes.†AgeMeanIncome($1,000)2020 Population2030 PopulationFemale(Millions)Male(Millions)Fe

Given, Mean income is given in the range of $1000.

Answered: Mean Income ($1,000) 2020 Population…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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The following table representing a spreadsheet shows the projected 2020 and 2030 U.S. male and female population in various age groups, as well as per capita incomes.†

Age	Mean Income ($1,000)	2020 Population	2030 Population
Female (Millions)	Male (Millions)	Female (Millions)	Male (Millions)
15 to 24	14	23	24	25	26
25 to 44	42	43	43	45	46
45 to 64	48	43	41	42	41
65 to 84	29	31	20	40	31

Give a single matrix formula that expresses the total income in 2030. (Take D to be the total income, take N to be the income per person, and take F and M to be, respectively, the female and male populations in 2030.)

A) D = N(F + M)

B) D = NFM

C) D = N(F − M)

D) D = NF − M

E) D = NF + M

Compute its value, rounded to two significant digits.

$ ____________ trillion

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