Demographics. The median household income divides the households into two groups: the half whose income is less than or equal to the median, and the half whose income is greater than the median. The median household income in the United States grew from about $30,000 in 1.990 to about $48,000 in 2006.
(A) If I represents the median household income and t rep-resents the number of years since 1990, write a linear equation that expresses I in terms of 1.
(B) Use this equation to estimate median household in-come in the year 2030
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