The rule of 72 is a very simple way to estimate and determine the number of years required to double your investments given a fixed annual rate of interest. It can also estimate and then calculate the annual interest rate required to double an investment in a given number of years. In the rule of 72, you can either choose to calculate the annual interest rate or the number of years.
Use this formula to calculate the rule of 72
Rule of 72 ≈ 72 ÷ interest rate ≈ number of years to double
The intercept of a graph is the point where the graph crosses the axes of the graph.
The interpretation of the c-intercept is: <em>in 1996, the global wind power capacity was approximately 7 gigawatts.</em>
On the graph (see attachment), we have the following observations
- The vertical axis represents the global wind power capacity (i.e. the c-axis)
- The horizontal axis represents the years since 1996 (i.e. the t-axis)
So, the c-intercept is the point that crosses the vertical axis.
From the graph, the curve crosses the c-axis at c = 7, and t = 0 (i.e. years = 1996)
Hence, the interpretation of the c-intercept is: <em>in 1996, the global wind power capacity was approximately 7 gigawatts.</em>
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Read more about intercepts at:
brainly.com/question/3334417
Answer:
Information processing model
<em>Hope it helps!</em>