Robert Morris, generally considered the financier of the Revolution, donated ships from his fleet of tobacco-trading vessels and turned to privateering. Raiding British convoys, he became the richest man in America. He personally signed 6,000 notes to pay off Washington's troops when the war ended.
The money would be multiplied by a factor of 16 after 28 years
<h3>How to determine the factor?</h3>
The rate is given as:
Rate = Double every 7 years
There are 4 7 years in 28 years.
So, the factor would be:
Factor = Rate^4
This gives
Factor = 2^4
Evaluate
Factor = 16
Hence, the money would be multiplied by a factor of 16 after 28 years
Read more about exponential factors at
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Answer:
8 students,
15 cans of juice and 11 packs of cheese cracker
Step-by-step explanation:
Mariam’s uncle donate 120 cans of juice and 90 - 2 = 88 packs of cheese cracker (eats two packs) for the school picnic.
Factor these numbers:
The greatest common factor is
so the greatest number of students who can share the food equally is 8 and each student will get 
cans of juice and 11 packs of cheese cracker.
Answer:
520?
Step-by-step explanation:
I think
Answer:
$787
Step-by-step explanation:
In terms of interest
To find the multiplier using '7% more' continues as follows
100% + 7% = 107%
107/100 = 1.07 (multiplier)
Add the ten years as a power to the multiplier
1.07^10
And multiply this by $400
400 x 1.07^10 = 786.860542916
To the nearest dollar = $787
