College Algebra 7th Edition

Published by Brooks Cole
ISBN 10: 1305115546
ISBN 13: 978-1-30511-554-5

Chapter P, Prerequisites - Section P.3 - Integer Exponents and Scientific Notation - P.3 Exercises: 56

Answer

2.74 years and 2739.72 years

Work Step by Step

To find out how long it would take to spend the money, we divide: $\frac{10^6 \mathrm{dollars}}{10^3 \mathrm{dollars/day}}=10^3\mathrm{days}=2.74 \mathrm{years}$ For a billion dollars, we do a similar calculation: $\frac{10^9 \mathrm{dollars}}{10^3 \mathrm{dollars/day}}=10^6\mathrm{days}=2739.72 \mathrm{years}$
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