All categories

2 years 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]2 years ago

5 0

Answer:

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

You might be interested in

Which of the following describes a way to graph the function g(x)= -2|x|

Nutka1998 [239]

It looks like a “^” because of the negative while it starts at y = -2

5 0

3 years ago

18=3[x-1] step by step

Aleksandr-060686 [28]

18=3(x-1)
18=3x-3
18-3=3x
15=3x
15/3=x
x=5

7 0

3 years ago

We want to compare the quality of three Tablet products: Tablet Product A has a Mean Time Between Failures (MTBF) 10,000 hours,

skelet666 [1.2K]

Answer:

The Availability of tablets A,B and C are equal

Step-by-step explanation:

Computation for Which tablet has better Availability

Using this formula

Availability of Tablet=MTBF/ ( MTBF + MTTR)

Where,

MTBF represent Mean Time Between Failures

MTTR represent Mean Time To Repair

Let plug in the formula

Availability of Tablet A = 10,000hrs/(10,000hrs + 10hrs)

Availability of Tablet A= 0.999

Availability of tablet B = 11,000hrs/( 11,000hrs + 11hrs )

Availability of Tablet B= 0.999

Availability of Tablet C = 12,000hrs/ ( 12,000hrs + 12hrs)

Availability of Tablet C= 0.999

Based on the above calculation the Availability of all the 3 tablets are equal

Therefore the Availability of tablets A,B and C are equal.

3 0

3 years ago

25 POINTS!!! Given an exponential function for compounding interest, A(x) = P(.91)x, what is the rate of change?

DerKrebs [107]

The rate of change is either .91 or .09 based on what that function represents and what it is asking for

3 0

3 years ago

When a quadratic equation has no linear term (variable raised to the first power), the solution becomes simpler. What are the tw

OLga [1]

Answer: $-\sqrt{3},\ +\sqrt{3}$

Step-by-step explanation:

The given quadratic equation :_ $5x^2-15=0$

To solve this , we first add 15 on the both the sides of the above equation, we get

$5x^2-15+15=0+15\\\\\Rightarrow\ 5x^2=15$

Now, we divide both sides by 5, we get

$x^2=3$

Taking square roots on both the sides , we get

$x=\pm\sqrt{3}$

Hence, the two possible solutions = $-\sqrt{3},\ +\sqrt{3}$

3 0

3 years ago

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?