1 year ago

If a bank offers to double your money in 8 years, what is the effective rate of interest?

Mathematics

1 answer:

lorasvet [3.4K]1 year ago

5 0

Answer:

I think I would be 16 cause if 8 double it is 16

You might be interested in

Three desks and a bookcase together weigh 157Ib the bookcase weighs 34Ib how much does each desk weigh

Fantom [35]

Desk weight = d
Bookcase weight = b
b = 34
3d + b = 157
3d + 34 = 157
D = 41

5 0

2 years ago

96=-8k solve Show work

larisa86 [58]

Answer:

$k = -12$

Step-by-step explanation:

Step 1: Divide both sides by -8

$96 / -8 = -8k / -8$

$-12 = k$

Answer: $k = -12$

3 0

3 years ago

Read 2 more answers

I NEED THE ANSWER NOW

patriot [66]

Answer:

The last one

Step-by-step explanation:

68/5 - 22/5 = 46/5 = 9 1/5

3 0

2 years ago

Read 2 more answers

As an estimation we are told 5 miles is 8 km. Convert 32 km to miles.

Gala2k [10]

Answer:

19.8839

Step-by-step explanation:

can i have brainliest

5 0

2 years ago

Read 2 more answers

If Julie had 10 bags of apples that has 5 apples in it and she took out 3 apples from 1 bag, how many apples does she have

miv72 [106K]

Answer:

47 apples

Step-by-step explanation:

50 apples - 3 apples

47 apples

7 0

2 years ago

Read 2 more answers

If a bank offers to double your money in 8 years, what is the effective rate of interest? ​

If a bank offers to double your money in 8 years, what is the effective rate of interest?