Answer: 6.93 years
Step-by-step explanation:
Given
Rate of interest is 
Future value is given by 
For the investment to double itself, i.e. 
It takes around 6.93 years to double the investment.
Answer:
2) y = 0.95x + 4
3) slope: height increases by 0.95 units as x increases by 1 unit
intercept: initial height
Step-by-step explanation:
Using (20,23) and (40,42)
Slope: (42 - 23)/(40 - 20)
0.95
y = 0.95x+ c
23 = 0.95(20) + c
c = 4
y = 0.95x + 4
Put the numbers in order.
1, 2, 5, 6, 7, 9, 12, 15, 18, 19, 27.
Step 2: Find the median.
1, 2, 5, 6, 7, 9, 12, 15, 18, 19, 27.
Step 3: Place parentheses around the numbers above and below the median.
Not necessary statistically, but it makes Q1 and Q3 easier to spot.
(1, 2, 5, 6, 7), 9, (12, 15, 18, 19, 27).
Step 4: Find Q1 and Q3
Think of Q1 as a median in the lower half of the data and think of Q3 as a median for the upper half of data.
(1, 2, 5, 6, 7), 9, ( 12, 15, 18, 19, 27). Q1 = 5 and Q3 = 18.
Step 5: Subtract Q1 from Q3 to find the interquartile range.
18 – 5 = 13.
Answer:
This is in the form y=mx+b . m is the slope and b is the y-intercept. In this case, the slope is 3 and the y-intercept is −1 .
