The following table gives the per capita value of money in circulation in the United States t years after 1990.
t (years) | 4 | 5 | 6 | 7
|
M (thousands) | 1428.37 | 1531.39 | 1573.15 | 1664.58 |
Source: World Almanac and Book of Fuels 1998.
a. Find the best-fitting logarithmic function model for these data.
b. Use your model to predict the per capita value of money in circulation in 2015.
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