Arizona is 113F. WhAL summer day in Phoenix, Celsus? Show all work, and write your answer in a complete sentence , You decide to invest $7000 into an account that pays 5% simple int erest each year. How long will it take for the investment to double in value? The formula for simple interest is A-P+ Prt, where A is the accrued value of the investment after / years, r is the interest rate (expressed as a decimal), and P is the starting principal invested. Show all steps, and write your answer in a complete sentence. 23

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Please help with questions 3

Arizona
is
113F.
WhAL
summer day in Phoenix,
Celsus? Show all work, and write your answer in a complete sentence
, You decide to invest $7000 into an account that pays 5% simple int
erest each year. How long
will it take for the investment to double in value? The formula for simple interest is A-P+
Prt, where A is the accrued value of the investment after / years, r is the interest rate (expressed
as a decimal), and P is the starting principal invested. Show all steps, and write your answer
in a complete sentence.
23
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Transcribed Image Text

Arizona is 113F. WhAL summer day in Phoenix, Celsus? Show all work, and write your answer in a complete sentence , You decide to invest $7000 into an account that pays 5% simple int erest each year. How long will it take for the investment to double in value? The formula for simple interest is A-P+ Prt, where A is the accrued value of the investment after / years, r is the interest rate (expressed as a decimal), and P is the starting principal invested. Show all steps, and write your answer in a complete sentence. 23