Question 12 The table below shows a company's annual income over a 6-year period. The equation y=60000(1.2)x describes the curve of best fit for the company's annual income (y). Let x represent the number of years since 2001.

Year Income

2001 58,900

2002 72,400

2003 86,500

2004 103,400

2005 124,400

2006 150,000

Using this equation, what would be the company's approximate annual income be in the year 2009?

A

$179,200

B

$258,000

C

$309,600

D

$642,000