Problem

Family Income Family income in the United States has steadily increased fo...

Family Income Family income in the United States has steadily increased for many years. In 1980 the median family income was about $21,000 per year. In 2008 it was about $61,500 per year. Find the average annual rate of change of median family income to the nearest dollar over that period. (Source: U.S. Census Bureau.)

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