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Elenna [48]
3 years ago
5

If the interest rate is 5% how long will it take you to double your money ?

Mathematics
1 answer:
Triss [41]3 years ago
6 0

Answer:

If your money is earning a 5% interest rate annually, then it will take 14.4 years to completely double itself.

Step-by-step explanation:

An easy rule of thumb to remember is to take 72 and divide it by the intrest rate as if it was a whole number. For instance, if you were looking at an 8% interest rate, then it would take 9 years to double.

72/5 = 14.4

Hope this helps!

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saveliy_v [14]
Move x
5y = - 15 - 3x
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3 years ago
In a mid-size company, the distribution of the number of phone calls answered each day by each of the 12 receptionists is bell-s
Radda [10]

Answer:

68%

Step-by-step explanation:

The Standard Deviation Rule = Empirical rule formula states that:

68% of data falls within 1 standard deviation from the mean - that means between μ - σ and μ + σ.

95% of data falls within 2 standard deviations from the mean - between μ – 2σ and μ + 2σ.

99.7% of data falls within 3 standard deviations from the mean - between μ - 3σ and μ + 3σ.

From the question,

Step 1

We have to find the number of Standard deviation from the mean. This is represented as x in the formula

μ = Mean = 61

σ = Standard Deviation = 8

For x = 53

μ - xσ

53 = 61 - 8x

8x = 61 - 53

8x = 8

x = 8/8

x = 1

For x = 69

μ + xσ

69 = 61 + 8x

8x = 69 - 61

8x = 8

x = 8/8

x = 1

This falls within 1 standard deviation of the mean where: 68% of data falls within 1 standard deviation from the mean - that means between μ - σ and μ + σ.

Therefore, according to the Standard Deviation Rule, the approximate percentage of daily phone calls numbering between 53 and 69 is 68%

3 0
3 years ago
Priya buys fruit from a market.
irakobra [83]

Answer:

Priya bought 2 pears

Step-by-step explanation:

5 Oranges = £2.00

3 Apples = £1.05

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£2.00 +  £1.05 + 24p = £3.29

£3.29 + 25p = £3.54

£3.54 + 25p = £3.79

3 0
3 years ago
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Answer:

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Step-by-step explanation:

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2/10

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