Answer: 6.93 years
Step-by-step explanation:
Given
Rate of interest is 
Future value is given by 
For the investment to double itself, i.e. 

It takes around 6.93 years to double the investment.
Answer:
slope = 
Step-by-step explanation:
Calculate slope m using the slope formula
m = 
with (x₁, y₁ ) = (0, - 2) and (x₂, y₂ ) = (4, 0) ← 2 points on the line
m =
=
=
= 
<u>Let's solve this problem step-by-step</u>
<u>Let's set</u>:
2x + 6y = 36 -- equation 1
x + 4y = 20 -- equation 2
(equation 2) * 2
2x + 8y = 40 -- equation 3
(equation 3) - (equation 1)
2y = 4
y = 2 -- equation 4
Plug (equation 4)'s value of y into (equation 2)
x + 4(2) = 20
x = 20 - 8
x = 12
<u>Thus x = 12 and y = 2</u>
<u>Let's check, by substituting these values</u>

<u>Answer: x = 12 and y = 2</u>
Hope that helps!
Answer:
c
Step-by-step explanation: