kristen invests money in a bank and makes no additional deposits or withdrawals. The bank pays 1.4% interest compounded annually
2 answers:
Answer: 51.4 years
Step-by-step explanation:
There is what we call rule of 72 in Accounting to find the time a sum of money will double if it is compounded annually at any given rate . The formula is given as :
t =
where t is the time and r is the rate.
t = ?
r = 1.4
Therefore :
t = 72/1.4
t = 51.4286
to the nearest tenth
t = 51. 4 years
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Answer:
The graph has a closed circle.
–7 is part of the solution.
Step-by-step explanation:
Given
Required
Select 3 options from the given list of options
Subtract 22 from both sides
Swap positions of the expression; Note that the inequality sign will change
This means <em>x less-than-or-equal-to negative 7</em>
<em></em>
There are two options left to select;
The inequality sign in implies that the graph has a close circle.
Inequality signs such as and
signifies a close circle
There is only one option left to select;
Lastly;
Split the expression into two
We have:
or
Because ,
Then, -7 is also a part of the solution