Total population in Richmond area in
is
.
Population was increasing by
per year.
Average annual income in Richmond area in
is
.
Rate of increase of average annual income
.
Let total personal income in Richmond area as
.
Let average annual income in Richmond area as
.
Total personal income is the function
and
.
Total personal income
.
Differentiate with respect to
on each side.
Product rule of derivatives:
.
.
Here ,
\
Rate of increase of total personal income at time
.
Rate of increase of total population at time
.
Rate of increase of total population at time
.
Find
in 1999.

We have
and
.
Substitute above values in 


Total personal income increase in
is
\
Total personal income increase in Richmond area in
is
.