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Orlov [11]
3 years ago
15

The Rule of 72 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, investors obtain a rough estimate of how many years it will take for the initial investment to duplicate itself. You want to double your initial investment of $5,000. You put your money in a high yield interest-bearing account earning 6% per year. How long will it take to double your money?
Mathematics
1 answer:
Verdich [7]3 years ago
7 0

Answer: 12 years

Step-by-step explanation:

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Mandy borrows $10,000 for 3 years at a 6% interest. What is the cost of the loan, or total interest?​
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3 0
2 years ago
Read 2 more answers
3² • 9³ = [ ]<br>solve ​
RideAnS [48]

Answer:

3⁸ or 6561

Step-by-step explanation:

First, let's look at PEMDAS - Parentheses, Exponents, Multiplication/Division, Addition/Subtraction.

There are no parentheses, so let's solve the exponents.

3² • 9³

3² = 9

9³ = 729

Your expression is:

9 • 729

Now let's multiply.

= 6561

This number can also be expressed with exponents.

Since 9 = 3², 9³ = 3²⁽³⁾

Now your expression is:

3² • 3²⁽³⁾

First, solve the exponents by multiplying.

3² • 3⁶

When you multiply two expressions with exponents that have the same base (3), you add the exponents.

3² • 3⁶ = 3⁽²⁺⁶⁾ = 3⁸

3⁸ also equals  6561.

Your answer is 3⁸ or 6561.

Hope this helps!

4 0
2 years ago
If l run 9/10 in five minutes how many I run in one minute
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Nemo rents 5 movies per month when the price is $3.00 per rental and 7 movies per month when the price is $2.50 per rental. nemo
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6 0
3 years ago
(8.03 LC)
Blizzard [7]

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6 0
3 years ago
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