In the town of Big Sky, Montana in the year 2003 the population
of the town was 25,000 and the population was increasing by a rate
of 1,100 people per year. Also, in that year, the average annual
income per capita was $33,000 and this average was increasing at a
rate of $1,400 per year.
Find the rate at which the total personal income in the town is
increasing in the year 2003.
Please show the detailed steps to solve this not just the answer.
Comment in case of any doubt.
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