Answer:
0.833%
Step-by-step explanation:
10%
it will be 10%/12
12 for a year
10%/12=0.833 repeatedly
the annual interest rate 10% is approximate monthly interest rate of 0.833%
Answer:
8.0
Step-by-step explanation:
The attached shows guesses until we have an answer accurate to 6 decimal places. Rounded to 1 decimal place, the answer is 8.0 years.
This (8 years) was our initial guess, based on the "rule of 72" which says the doubling time for 9% interest is 72/9 = 8 years.
Our second guess, at 8.1, was farther away from the doubled value, so the first guess at 8.0 is closer.
t = 8.0
It is 4 because the diameter is twice longer than the radius!
Answer:
-2 - 16 = -18
Step-by-step explanation:
-y+4c
You take the values for c and y and substitute them in the original equation.
It would then look like:
-(2) + 4(-4)
Solving that would be -2 -16 = -18
We are given with the best fit line
<span>y = 2,500x - 2,500
The y-intercept is -2500
and the slope is 2500
This line can be translated into the following statements:
At the start of the operations, there is a negative profit of -2500. Each year, the profit increases by 2500</span><span />