Answer:
Number of Years to Double= 10.62 years
Step-by-step explanation:
<u>First, we need to calculate the real annual interest rate:</u>
Real annual interest rate= {[(i/12)+1]^12} - 1
Real annual interest rate= [{(0.064/12) + 1]^12 - 1}
Real annual interest rate= 0.0659
<u>Now, we need to use the rule of 72. The rule of 72 is a means of estimating the number of years it takes for an investment or your money to double. </u>
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Number of Years to Double= 70/Annual Rate of Return
Number of Years to Double= 70/6.59
Number of Years to Double= 10.62 years
Answer:
CAN'T TELL . BECAUSE I HAVEN'T SEEN SUCH A QUESTION BEFORE
Answer:
Step-by-step explanation:
two angles are said to be supplementary if their sum is 180 degrees
Hence <1 + <2 = 180
Given
<1 = 28
Required
<2
Substitute into the formula
28+<2 =180
<2 = 180-28
<2= 152
Hence the measure of <2 is 152 degrees
Answer:
Each friend should have 3 trading cards. hope this helps
Step-by-step explanation: