The equation y = 1.55x + 110,419 approximates the total cost, in dollars, of raising a child in the United States from birth to 17 years, given the household’s annual income, x.



Approximately how much would it cost to raise a child in a household with an annual income of $62,500?
Responses

$96,875

$96,875

$146,288

$146,288

$207,294

$207,294

$216,542