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Natalka [10]
3 years ago
8

The Rule of 72 is a useful approximation for many interest rates and periods for the time it takes a lump sum to double in value

. For a 10 percent interest rate, calculate the time that will be taken for a lump sum to double in value. (Hint: Use the Solver function in Excel.) (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Mathematics
1 answer:
iren2701 [21]3 years ago
3 0

Answer:

The number of years to double the lump sum in value is;

N = 72/10 = 7.20

N = 7.20 years

Step-by-step explanation:

Using the rule of 72 for the approximation:

The formula for rule of 72 is;

Number of years to double = 72/interest rate in percentage

Given;

Interest rate = 10%

The number of years to double the lump sum in value is;

N = 72/10 = 7.20

N = 7.20 years

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How well can you apply Boyle’s law to this sample of gas that experiences changes in pressure and volume? Assume that temperatur
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Answer:

A = 1.0 L

B = 0.50 atm

C = 0.60 atm

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Step-by-step explanation:

According to the Boyle's law, the volume of a gas is inversely proportional to its volume. If we consider an initial state (1) and a final state (2):

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B

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C

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D

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4 0
3 years ago
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Write an equation (-2, 10), (10, -14)
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These are the options<br> (0,-5)<br> (4,-2)<br> (8,2)<br> (-16,-17)<br> (-1,-8)<br> (-40,-34)
Liono4ka [1.6K]
All you need to do is plug in the points!

Here we go:

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3(0)- 4(-5)-8= 12 

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Next one:

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That equals twelve. (4,-2) is an answer as well!

I am going to quickly plug in the rest of the points, since I think you have the idea. 
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(-40,-34) 3(-40)-4(-34)-8= 8 This is not an answer.
</span>
I hope this helped you!

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