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:
D. a1=23/100, r=1/100
Step-by-step explanation:
The repeating fraction can be written as the sum ...
The first term is a1 = 0.23 = 23/100, and each successive term is shifted 2 decimal places to the right, so is multiplied by the common ratio r=1/100.
Answer:
x = 10.3
Step-by-step explanation:
x + 24. 5 = 34.8
- 24.5 - 24.5
x = 10.3
Check your answer:
x + 24. 5 = 34.8
10.3 + 24.5 = 34.8
34.8 = 34.8
Hope this helps!
