​If Real Income Per Person Was $47,210 in the U

Multiple Choice

​If real income per person was $47,210 in the U.S. in 2010, and $55,860 in 2014, what was the annual growth rate over this time period?

A) ​4.29 percent per year
B) ​1.83 percent per year
C) ​8.45 percent per year
D) ​1.18 percent per year