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pochemuha
3 years ago
11

how does inflation rate relate to rule of 72? how does saving money in an account with compound interest help protect you from i

nflation
Mathematics
1 answer:
Mumz [18]3 years ago
3 0

Answer:

The rule of 72 is a formula used to measure the approximate time it will take for an investment to double. The word "approximate" should be highlighted, as it is not a 100% exact formula.

The formula used is to divide 72 between the interest rate paid by the investment. The result is the number of years in which the capital invested will double.

It is important to mention that at the interest rate or return on your investment you must subtract the inflation. For example, if the annual rate of return is 15%, and inflation is 5% per year, your net rate is 10%.

For example, if you have an investment of $ 10,000 in a mutual fund, which pays you 10% per year. If you calculate 72/10, you will see that your investment will double in 7.2 years.

Now, if there is an annual inflation of 2%, the calculation should be 72 / (10-2), with which the investment will double in 9 years.

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Yuet solved the equation 6 a minus 2 b = 12 for a. Her steps are shown below. 1. Subtract 2b: 6 a = 12 minus 12 b 2. Divide by 6
Ber [7]

Question:

Yuet solved the equation 6a - 2b = 12 for a.

Her steps are shown below.

1. Subtract 2b: 6a = 12 - 2b

2. Divide by 6: a = 2 - \frac{b}{3}

Answer:

In step 1 she needed to add 2b to both sides of the equation.

Step-by-step explanation:

Given:

The above steps shows how Yuet solved an equation

Required:

True statement about Yuet's work

The implication of the statement is to state what Yuet should have done instead of what she did.

In step 1, she subtracted 2b from both sides of the equation; this is wrong.

Instead of subtracting, she ought to add 2b to both sides of the equation.

The correct steps and result is as follows:

1. Add 2b: 6a = 12 + 2b

2. Divide by 6: a = 2 + \frac{b}{3}

Hence, we can conclude that in step 1 she needed to add 2b to both sides of the equation.

4 0
3 years ago
Read 2 more answers
Which represents the solution to 7x > 21 or 6x - 9 < 21?
olganol [36]

Answer:

1) The correct option is the third line

2) The correct option is the third line please see attached graph

Step-by-step explanation:

For the system of inequalities,

7·x > 21 or 6·x -9 < 21 we have;

7·x > 21

x > 21/3 = 3

x > 3

Also we have for 6·x -9 < 21 we have;

6·x -9 < 21

6·x < 21 + 9

6·x < 30

x < 30/6 = 5

x < 5

The representation of the region x > 3 and the region x < 5 on the number line consists of indicating points 3 and 5 with  circles not filled to represent less than < and not less than or equal to ≤ and shading the potion of the number line in between the two points

Which gives the correct option as the third line which has an open circle at point 3 and 5

b) To graph the inequality v + 4 > 2 and 8·v - 20 ≤ 36

For the inequality v + 4 > 2, we have;

v > 2 - 4

v > - 2

For the inequality 8·v - 20 ≤ 36, we have;

8·v - 20 ≤ 36

8·v  ≤ 36 + 20              

8·v  ≤ 56

v ≤ 56/8

v ≤  7

The region representing v > -2 or v ≤ 7 on the number line consists of indicating points -2 with a circle (not filled) to represent less than < and point 7 with a filled circle to represent less than or equal to ≤ and shading the potion of the number line in between the two points

Which gives the correct option is the third line which has a closed circle at point -2 and an open circle at point 7

6 0
4 years ago
8. Are these ratios equvalent?<br> 9: 3 arid 15:5 and 3:1
Nana76 [90]

Answer:

Yes

Step-by-step explanation:

3:1 x 3 = 9:3

3:1 x 5 = 15:5

4 0
3 years ago
Find the HCF of 1045 and 1520 by long division. Method​ plsss
aliina [53]

Answer:

95

Step-by-step explanation:

you can watch answer in photo. by the way where r u from?

3 0
3 years ago
Please help<br><br><br> hggggggggggh
Luba_88 [7]

Answer:

The first blank is: 26

The second blank is: 17

The third blank is: 31 - n

Step-by-step explanation:

So basically each row should add up to 31.  So for every number they give you (doesn't matter which color ball), you need to subtract it from 31.

That's why for the first blank, 31 - 5 is 26

second blank, 31 - 14 is 17

and so on....

so the resulting function would be 31 - n

n being a random number that is given to you

8 0
3 years ago
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