Answer:
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Answer:
It takes 75 years for the investment to quadruple in value
Step-by-step explanation:
Simple Interest
This is a simple interest problem.
The simple interest formula is given by:

In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:

In this question:
4% simple interest per year, so I = 0.04.
Quadruple:
t when T = 4P.
The interest earned is:



Now we find the time.





It takes 75 years for the investment to quadruple in value
Answer: the answer is A.
Step-by-step explanation:
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Answer:
The correct answer is x > 2.
Step-by-step explanation:

An inequality compares two quantities unlike an equality. An inequality is written with either a greater than ( > ) or lower than ( < ) or greater than equal to (
) or less than equal to (
) signs. We solve the above given inequality to find the solutions of the unknown x.

Firstly we change the right hand side quantity to fraction.
We then transfer the -
to the right hand side and add them. The inequality sign does not change as we are simply adding or subtracting terms from both the ends.
Finally we divide both sides with
to get the required solution. The inequality sign does not change as we are multiplying both the ends with a positive quantity.
This gives us the answer as x > 2.
Answer:
0.16
Step-by-step explanation:
Percent means 'per 100'. So, 16% means 16 per 100 or simply 16/100.
The answer is 0.16