Answer: B. a savings account earns interest
Step-by-step explanation: Money loses value over time as the rate of inflation increases. In this scenario, when you have some money to spare, the ideal is to seek some kind of investment that earns interest.
Saving is one such option. The money in savings earns interest and is highly liquid, meaning it can be used at any time. In addition, saving is a very...
Answer:
The answer is around 50,000,000,000 years so its E
Step-by-step explanation:
Answer:
B
Step-by-step explanation:
In the picture above
Hope this helps.
5 because if you multiply the previous value by 5, you get the next answer
According to the 72 rule
72/rate=time
72÷9.6=7.5 years
Another way to solve by using the main equation
2300=1150(1+0.096/4)^4t
Solve for t
t=((log(2,300÷1,150)÷log(1+(0.096÷4))÷4))=7.31years
Hope it helps :-)
