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Serjik [45]
3 years ago
13

On a deposit of $100 at a simple interest rate of 20%, how many years would it take to double your money? Hint: How much interes

t do you earn in one year? What about the next year? How many years to earn $100 in interest?
Mathematics
1 answer:
Neporo4naja [7]3 years ago
4 0
<h3><u>Answer: 5</u></h3><h2>Your explanation</h2>

You want to take the 20% and think of it as a number. Then you want to go by 20's till you get your number. Or do 20x5 to get 100.

<em>-Edge</em>  

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Natasha2012 [34]

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1093.96

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Five cakes cost 3.50 how much do seven cakes cost
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4 years ago
Your rent is 750/month. What should your minimum realized income be
Cerrena [4.2K]

Answer:

2500/month

Step-by-step explanation:

Usually, people should not allocate more than 30% of their earnings to pay for rent. So, you can use the rule of three to calculate the value:

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It is important to note that realized income is when any amount of capital is gained, so it is the income that that is actually received from different sources, including a salary, a wage, rental income, or the sale of any good.

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The heavenly sphere is what Why is this old idea still relevant today?

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