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The values y (in billions of dollars) of U.S. currency in circulation in the years 2000 through 2007 can be modeled by y = −451 + 444?
ln t, 10 ≤ t ≤ 17, where t represents the year, with t = 10 corresponding to 2000.† During which year did the value of U.S. currency in circulation exceed $610 billion?
2 Answers
- MichaelLv 71 month agoFavorite Answer
The values y (in billions of dollars) of U.S. currency in circulation in the years 2000 through 2007 can be modeled by y = −451 + 444 * ln t?
10 ≤ t ≤ 17, where t represents the year, with t = 10 corresponding to 2000.† During which year did the value of U.S. currency in circulation exceed $610 billion?
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−451 + 444 * ln t = 610
Add 451 to both sides
444 * ln t = 1061
Divide both sides by 444
ln t = 2.3896396396
Anti log both sides
e^(ln t) = e^2.3896396396
t = e^2.3896396396
use calculator
t = 10.9095618605
Since t = 10 is the year 2000
During which year did the value of U.S. currency in circulation exceed $610 billion?
2000 <––––––