I really don’t know the answers I just want the point
Answer:
Matthew's money will double fastest in 6 years.
Step-by-step explanation:
<u><em>The complete question is</em></u>
Answer the question for each scenario<u><em> by applying the rule of 72</em></u>. How many years will it take each situation to double its money? Situation A: Matthew invests $5,000 in an account with a compound interest rate of 12%. Situation B: Morgan invests $2,500 in an account with a compound interest rate of 8%. Situation C: Maysen invests $10,000 in an account with a compound interest rate of 4.5%. Whose money will double fastest?
we know that
The <u><em>Rule of 72</em></u> is a simple way to determine how long an investment will take to double given a fixed annual rate of interest. By dividing 72 by the annual rate of return.
so
Situation A: Matthew invests $5,000 in an account with a compound interest rate of 12%

Situation B: Morgan invests $2,500 in an account with a compound interest rate of 8%.

Situation C: Maysen invests $10,000 in an account with a compound interest rate of 4.5%

therefore
Matthew's money will double fastest in 6 years.
Answer:
Any line can be graphed using two points. Select two x x values, and plug them into the equation to find the corresponding y y values.
Step-by-step explanation:
Answer:
1.81,2.54,3.77
Total
8.12
Step-by-step explanation:
To find the tax, multiply the original amount by the tax rate
tax
25 * 7.25%
25 *.0725
Rounding to the nearest cent
1.81
35 * 7.25%
35 *.0725
Rounding to the nearest cent
2.54
52 * 7.25%
52 *.0725
Rounding to the nearest cent
3.77
Total for all three
1.81+2.54+3.77=8.12
1
_ X 30 = 6
5
0r 30 ÷ 5 = 6
because 6 times 5 = 30