John's effective annual rate is about
(1 +.0576/4)^4 -1 ≈ 5.8856%
According to the "rule of 72", John's money will have doubled in
72/5.8856 = 12.23 years
John's balance will be $4500 in 1989.
_____
Since you're only concerned with the year (not the month), you don't actually need to determine the effective annual rate. The given rate of 5.76% will tell you 72/5.76 = 12.5 years. The actual doubling time is closer to 12.12 years, so using the effective rate gives results that are closer, but "good enough" is good enough in this case.
Answer:
x1 = 0, x2 = -7
Step-by-step explanation:
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37,625 people would attend if 5 games were sold out.
A.In Step 2, 90 should be multiplied by the quantity 10 – 12, not by 10.
correct:
90(10 - 12) = 90 · 10 - 90 · 12 or 90(10 - 12) = 90 · (-2)
6x+3y should be the answer
