1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sleet_krkn [62]
3 years ago
8

use the rule of 72 to calculate how long it will take for your money to double if it's earning 6% in interest

Business
1 answer:
marissa [1.9K]3 years ago
7 0
It would take by my calculations around 16 yrs but that is just an hypothesis

<span />
You might be interested in
Your firm has the responsibility to review transactions and activities occurring after the year-end to determine whether anythin
Art [367]

Answer: Subsequent events

Explanation:

Reviewing transactions is what gives accountability in organization, without this organizations would not know when they are running at a loss or making gains. The best time to do this is at the end of yearly transactions, the procedure required to verify this transactions are referred to as subsequent events, meaning events that happened as time went on.

This act is carried out most times by auditors

7 0
3 years ago
Ryan bought a stock three years ago for $6 a share. Today, June 22, the stock is selling for $72 a share. Ryan is afraid that th
dem82 [27]

Answer:

B) Ryan's stock was sold for $9 a share causing him to lose most of his profits.

Explanation:

Stop loss order means the limit the loss to the extent investor has opted. Since Ryan placed a stop loss order at $70, so, when the price of the stock starts at $9, the stock would be sold at $9 because it is the next available price to what he placed a stop loss order.

So, the Answer is Ryan stock is sold for $9 a share causing him to lose most of his profits.

6 0
2 years ago
Cual es la altura del edificio sis e conocen los datos que se muestran en la figura<br>​
erastova [34]

Answer:

Falta que pongas la foto

4 0
3 years ago
If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?
stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0
3 years ago
Which two of the following skills and abilities are important for a flight attendant?
guapka [62]
Hand-Eye coordination and Customer service are important traits for a flight attendant. Hand-Eye coordination is important because a flight attendant is on a moving vehicle while also moving around. Customer service is also important because a flight attendant helps the passengers within the plane.
6 0
3 years ago
Other questions:
  • What is a check endorsement?
    8·2 answers
  • You've just learned that tuition and fees for the next semester are expected to increase by 15%. How do you think this will impa
    5·1 answer
  • Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on
    6·1 answer
  • Describe a "rite of initiation" that you experienced at a place of work. This could be described via a situation in which you be
    10·1 answer
  • Which of the following pairs are characteristics of price-takers?
    15·1 answer
  • Before the Equal Employment Opportunity Commission can file a civil suit for a violation of the Civil Rights Act based on a clai
    9·1 answer
  • The Dow Jones is currently valued at $24,000 and the 1-year Dow Jones Mini Future contract has a price of $24,750. Note Dow Jone
    10·1 answer
  • Zeron Incorporated generated $1,349,600 ordinary income from operations this year. It also recognized $29,200 recaptured ordinar
    6·1 answer
  • Vail Mountain Resort in Vail, Colorado, is a world-class ski destination. Vanessa is a newly-hired manager of digital media and
    6·1 answer
  • In a certain town, 60% of the households have broadband internet access, 30% have at least one high-definition television, and 2
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!