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
Charra [1.4K]
3 years ago
15

Sylvia invested 500 in an account compounded annually with an interest rate of 8%. Manuel invested 600 in an account with a comp

ound interest rate of 7.25% . Using the rule of 72, who will double their money first
Mathematics
1 answer:
il63 [147K]3 years ago
8 0

Answer:

Sylvia's investment would double first

Step-by-step explanation:

The number of years it takes for amount invested to double itself using the 72 rule is 72 divided by rate of interest as computed below:

Sylvia investment:

Sylvia's investment would double in 9 years' time  (72/8)

Manuel's investment"

Manuel investment of $600 would double itself in 9.9 years' time (72/7.25)

From the above analysis,Sylvia's investment of $500 at the 8% rate of interest would double first

You might be interested in
Find the equation of this line.
Andrews [41]
Y = -3/4x + 3

hope this helps !
7 0
3 years ago
which equation would help you solve this problem? there are 18 muffins on a plate. if they are split equally among 9 people, how
cluponka [151]
They would each get 1 muffin ( 18/9=2)
3 0
3 years ago
Which ratio is equivalent to five nine
salantis [7]

Answer:

30:54

Step-by-step explanation:

5:9 x 6 = 30:54

3 0
3 years ago
A small child is at a candy store, eager to spend his $1 allowance on candy. His two favorite candies are priced at $0.05 and $0
melisa1 [442]
While both a and c work the most likely answer that they want would be A because it represent the cents already and it shows all possible ways that those two values can be split among 1 dollar
3 0
3 years ago
Read 2 more answers
What is 3/4 divided by 1/2
Kisachek [45]

Answer:

0.375

Step-by-step explanation:

8 0
3 years ago
Other questions:
  • A cookie shop sells 5 different kinds of cookies. how many different ways are there to choose 16 cookies if (a) you pick at leas
    7·1 answer
  • John's goal is to have more than -7 dollars in his bank account by the end of the month. The variable d is the number of dollars
    9·2 answers
  • Given the points A(0, 0), B(e, f), C(0, e) and D(f, 0), determine if line segments AB and CD are parallel, perpendicular or neit
    13·1 answer
  • A batch of cookies for 3/4 cup of flour.You want to make 1/2 of a batch.How much flour do you need?
    5·2 answers
  • What is the answer to this 5(3t)-7(2t)
    15·1 answer
  • Which of the following statements is equivalent to P(z < −2.1)? P(z > –2.1) 1–P(z < 2.1) P(z < 2.1) 1–P(z > 2.1)
    14·2 answers
  • At the beginning of spring, Austin planted a small sunflower in his backyard.
    15·1 answer
  • Given ABCD is a parallelogram Prove AB CD and BC DA. Assemble the proof by dragging tiles to the statements and reasons column
    8·1 answer
  • At a farmers’ market, Karen and Alice each bought some bread that cost $2 per loaf. Then Karen spent $3 to purchase other items,
    10·1 answer
  • The square below represents one whole. What percent is represented by the shaded area?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!