The following table shows the income, measured in thousands of dollars, from sales of a certain magazine at the start of the given year. Find an exponential model for the income where I is the income, measured in thousands of dollars, and t is the number of years since 2000. Round the parameters to the nearest hundredth. Year 2000 2001 2002 2003 2004 Income 7.54 8.02 8.52 9.05 9.62 a) I = 7.54 x 1.06^t b) I = 7.51 x 0.52^t c) I = 1.06 x 7.51^t d) I = 7.54 x 0.52^t

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