nt The compound interest formulas are A = 1+ and A = Pert Use the appropriate formula to solve the problem. enbum noleas If Emery has $1300 to invest at 7% per year compounded continuously, how long will it be before he has $1700? (Round your answer to three decimal places.) 31) A) 0.383 yrs B) 4.118 yrs C) 3.832 yrs D) 85.592 yrs

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The compound interest formulas are A = P1+-
nt
and A = Pert
Use the appropriate formula to solve the problem.
If Emery has $1300 to invest at 7% per year compounded continuously, how long will it be before he has
$1700? (Round your answer to three decimal places.)
31)
A) 0.383 yrs
B) 4.118 yrs
C) 3.832 yrs
D) 85.592 yrs
Use a system of equations to solve the problem.
A store sells tents, sleeping bags, and camp stools. A customer buys a tent, 4 sleeping bags, and 2 camp
stools for $130. The price of the tent is 8 times the cost of a camp stool. The cost of a sleeping bag is $15
more than the cost of a camp stool. Find the cost of a tent.
32)
A) $20
B) $40
C) $5
D) $48
Transcribed Image Text:The compound interest formulas are A = P1+- nt and A = Pert Use the appropriate formula to solve the problem. If Emery has $1300 to invest at 7% per year compounded continuously, how long will it be before he has $1700? (Round your answer to three decimal places.) 31) A) 0.383 yrs B) 4.118 yrs C) 3.832 yrs D) 85.592 yrs Use a system of equations to solve the problem. A store sells tents, sleeping bags, and camp stools. A customer buys a tent, 4 sleeping bags, and 2 camp stools for $130. The price of the tent is 8 times the cost of a camp stool. The cost of a sleeping bag is $15 more than the cost of a camp stool. Find the cost of a tent. 32) A) $20 B) $40 C) $5 D) $48
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