1/4 is 25% or 0.25
1/5 is 20% or 0.20
So the difference between the two is 5%, 0.05, or 1/20.
Answer: 6.93 years
Step-by-step explanation:
Given
Rate of interest is 
Future value is given by 
For the investment to double itself, i.e. 

It takes around 6.93 years to double the investment.
Answer:
$507.30
Step-by-step explanation:
-Given the monthly deposits are $425 and the interest rate is 3.5% for 30 years.
-The amount of the investment after 30 years is calculated as;

-Assuming Saul started saving at age 20, his investment term will be 40 yrs.
-His investment amount is thus:

#We subtract to find how much more he would have if he started saving at 20;

Hence, Saul would have $507.30 more had he started saving 10 years earlier.
Answer:

Step-by-step explanation:
Suppose h is the inverse of f then
f(x) = y ⇔ h(y) = x
f(x) = y ⇔ 4x = y ⇔ x = y/4
and since x = h(y) then h(y) = y/4
then we can write :

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:)