Solution: Use a calculator with an ex key to solve Exercises 7176.The bar graph shows

Chapter 4, Problem 74

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Use a calculator with an ex key to solve Exercises 7176.The bar graph shows the percentage of U.S. high school seniorswho applied to more than three colleges for selected years from1980 through 2013.The data can be modeled byf(x) = x + 31 and g(x) = 32.7e0.0217x,in which f(x) and g(x) represent the percentage of high schoolseniors who applied to more than three colleges x years after1980. Use these functions to solve Exercises 7172. Wherenecessary, round answers to the nearest percent.In 1626, Peter Minuit convinced the Wappinger Indians tosell him Manhattan Island for $24. If the Native Americanshad put the $24 into a bank account paying 5% interest, howmuch would the investment have been worth in the year 2010if interest were compoundeda. monthly? b. continuously?

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