<span>25.7 years
The rule of 72 is a simple approximation on how long it will take to double your money. You simply divide 72 by the interest rate and you'll have your estimate on the number of years it will take. So
72 / 2.8 = 25.7 years.
To demonstrate that it's just an estimate, you can take the log of 2 and divide by the log of 1.028 to get the exact value. This far more complicated calculation gives the result of 25.1 years. And to be honest, the estimate of 25.7 years is more than close enough for such an quick and easy rule of thumb.</span>
The slope is -3.
Finding slope can be easy if you just remember that the formula is set up as y=mx+b.
The number in the 'm' place is always the slope.
Example: y=4x+1, the slope would be 4 because it's in the 'm' place.
If you have trouble remembering which place the slope is, trying thinking about skiing or sledding; you can only sled or ski down a Mountain slope. Mountain starts with M.
M=slope.
Hope this helps :)
If you have any questions, just let me know!
Hi
You can choose to points (x,y) which solve the equation, like (0,-3) and (4,0) and then draw a line through the points.
Answer:
3
Step-by-step explanation:
We have given 
, 
and SP =30
We have to find the slope for regression on Y from X
The slope on Y from X is given by 
As we have given the value of SP =30 and value of
So slope for regression will be 
