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7 November, 04:39

The 40,595 residents of a city earned a total of $1,730,849,015 in 2005. What was the per capita income, in dollars per person, for 2005?

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  1. 7 November, 04:56
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    Per capita income, in dollars per person, for 2005 is $42637

    Step-by-step explanation:

    The formula to calculate per capita income is:

    per capita income = National income/total population

    National income = $1,730,849,015

    Total population = 40,595

    per capita income in 2005 = 1,730,849,015/40,595

    per capita income in 2005 = $42637

    So, per capita income, in dollars per person, for 2005 is $42637
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