3 years ago

Using the rule of 72, how long will it take for the principal to double with an annual compound interest rate of 6%?

Mathematics

1 answer:

I am Lyosha [343]3 years ago

7 0

Answer:

C. 12

Step-by-step explanation:

With the rule of 72, you would divide 72 by the periodic interest rate to get the number of years for the principal to double

72 ÷ 6 = 12

You might be interested in

What is the slope of the line passing through the points (3,3) and (6,15)?

natta225 [31]

Answer:

Step-by-step explanation:

When using the slope equation (y2-y1/x2-x1) you get 12/3 which when divided out equals 4.

3 0

2 years ago

What is the solution set for -2n-2≥2?<br> A. n≤-2<br> B. n≥-2<br> C. n≤0<br> D. n≥0

shusha [124]

Answer:

n≤−2 or A

Step-by-step explanation:

because i know

7 0

2 years ago

Read 2 more answers

I played 5 hours of video games over a 3 day weekend, and 60 hours of video games in the month

den301095 [7]

Answer:

The ratios are not equivalent

Step-by-step explanation:

First, in order to find the ratios, we have to change the month to the amount of days.

There are 30 days in April, so we will use this for the ratio.

The ratio for the 3 day weekend is 5:3

The ratio for the month of April is 60:30, which can be simplified to 2:1

So, the ratios are not equivalent, because 5:3 is not equal to 2:1

8 0

2 years ago

What would $25 deposited 56 yrs ago be worth today???

zhannawk [14.2K]

205 dollars today I think

7 0

3 years ago

Rationalize the denominator of (click photo)

Ede4ka [16]

$\frac{\sqrt{-49}}{(7-2i)-(4+9i)}=\\
\frac{\sqrt{-1*7*7}}{3-11i}=\\
\frac{7i}{3-11i}*\frac{3+11i}{3+11i}=\\
\frac{(7i)*(3+11i)}{3^2-(11i)^2}=\\
\frac{21i+77i^2}{9+121}=\\
\frac{21i-77}{130}=\\
\frac{-77+21i}{130}$

so it is the last option

6 0

3 years ago