The Rule of 72 is a shortcut method to find the number of years to double your investment. This is only an estimation. This can be done by dividing 72 by the annual interest rate.
However, you are given a nominal rate since it is compounded annually. Let's convert this by this equation:
annual rate = (1+i/m)^m - 1, where m is the number of periods in a year. Thus, m=2
annual rate = (1 + 0.065/2)^2 -1 = 6.61%
Applying Rule of 72,
72 ÷ 6.61% = 10.89
This is where I found a problem. The answer here just directly divided 72 by 6.5% which will equal to 11.1 years. This is not accurate, since the given interest is compounded semi-annually. That is not an annual interest rate.
Nevertheless, the answer is still close to letter A.) 11.1 years.
Answer:
26/5
Step-by-step explanation:
(2)(2)(4)/5 −8+10
(4)(4)/5−8+10
=16/5−8+10
=−24/5+10
=26/5
Alternate form
5.2
Answer:
2
Step-by-step explanation:
12/7
=12 ÷ 7
=1.71428571429
nearest tenth?
= 2 because after 1. is 7 and when you round it to the nearest ten it will be 10, so it's a whole. so then that means that it would be 2.
If you do 9/16 / 3/32 you can change that into 9/16 x 32/3 and cross multiply which gives you 512/27. And that equals 18.96 which you can round to 19. So you would be able to make 19 units if you use the 9/16 chips
Answer:
140,556 miles
Step-by-step explanation:
CAN I BE BRAINS