Solve.
-Use the formula N = Iekt, where N is the number of items at time t, I is the initial amount, and k is a growth constant equal to the percent of growth (expressed in decimal form) per unit of time.
There are currently 70 million cars in a certain country, increasing by 3% annually. How many
Years will it take for this country to have 97 million cars? Round to the nearest year.
A) 110 yr
B) 4 yr
C) 9 yr
D) 11 yr
Correct Answer:
Verified
Q1: Solve.
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Q3: Evaluate the given function.
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Q4: Solve.
-Susan purchased a painting in the year
Q5: Evaluate the given function.
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Q6: Evaluate the given function.
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Q7: Compute the compound interest.
-$5000 is invested at
Q8: Compute the compound interest.
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Q9: Evaluate the given function.
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Q10: Evaluate the given function.
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Q11: Evaluate the given function.
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