3 years ago

5. What is the rate of interest if your money doubles every 6 years? This is also known as Rule of 72.

Mathematics

1 answer:

BartSMP [9]3 years ago

5 0

Answer: Brainly please

Step-by-step explanation:

You can also run it backwards: if you want to double your money in six years, just divide 6 into 72 to find that it will require an interest rate of about 12 percent.

You might be interested in

How many seconds are in 7 minutes?(feel free to show your work :)

Bumek [7]

Answer:

420 seconds

Step-by-step explanation:

60 seconds are in 1 minute

60 x 7 = 420

therefore there are 420 seconds in 7 minutes

5 0

3 years ago

Read 2 more answers

A rectangle has a length of x + 7 and a width of 2x -3 if its perimeter perimeter is 32 what is the value of 3x

Fittoniya [83]

$Answer: \\ We \: have \: an \: equation:2(x + 7 + 2x - 3) = 32 \\ \Leftrightarrow 2(3x + 4) = 32 \\ \Leftrightarrow 3x + 4 = 16 \\ \Leftrightarrow 3x = 12$

5 0

3 years ago

Over which interval is the graph of f(x) = 1/2x^2+ 5x +<br> 6 increasing?

Alinara [238K]

Answer:

Step-by-step explanation:

2-6=-4

-4÷5x=

-0.9^X

8 0

3 years ago

What is the interest charge on $45.75 at 1.8% interest?

EleoNora [17]

Answer:

.82

Step-by-step explanation:

45.75 x .018=.82

8 0

3 years ago

Which trig functions have a period of 2pi?

emmainna [20.7K]

Tangent and its inverse, cotangent, have a period of pi. The others have a period of 2π.

8 0

3 years ago