Answer: 7.58 years
Step-by-step explanation:
When it comes to finding out how long it will take for an investment to double, one can use the Rule of 72.
The Rule of 72 estimates the amount of time it will take to double an investment when you divide 72 by the interest rate:
= 72 / r
= 72 / 9.5
= 7.58 years
Answer:
72
Step-by-step explanation:
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Answer:
Mode: 5 and 8
Median: 6.5
Step-by-step explanation:
Mode - the number that appears the most in a set of data. There may be no mode ( when no number out numbers the others) or multiple modes ( multiple numbers appear the same number of times). Both 5 and 8 appear twice in this set.
Median - The middle number. To start, order your numbers from least to greatest.
1, 3, 5, 5, 8, 8, 10, 14
You have an even set of numbers (8 in total), which means there won't be one number left in the middle. In this situation, there are two: 5 and 8. So you just need to add them together and divide by 2
8 + 5 = 13
13/ 2 = 6.5
The answer is 7
7^ ⁴ = 49
