All categories

3 years ago

How does the amount of principal affect the number of years the rule of 72 predicted in the example above?

Mathematics

1 answer:

NeTakaya3 years ago

8 0

Answer:

If the interest per quarter is 4% (but interest is only compounded annually), then it will take (72 / 4) = 18 quarters or 4.5 years to double the principal. If the population of a nation increases at the rate of 1% per month, it will double in 72 months, or six years.

Step-by-step explanation:

hope this helps

You might be interested in

Please help, need to find x and y :))

blondinia [14]

Answer:

x=14

y=140

Step-by-step explanation:

Using (9x+14) + (3x-2) = 180, we can solve this equation.

First add like values giving you 12x+12=180. Then subtract 12 from both sides giving you 12x=168.

Then divide both sides by 12 giving you x=14.

Finally, just simply set 9x+14 equal to y and substitute x for 14. This gives you 140=y

Hope this helped

6 0

3 years ago

Read 2 more answers

72A company bought 96 gallon jars of honey for a total of $3,072. They repackaged it into 8-ounce bottles. a. How many bottles c

Travka [436]

9 bottles will be filled to the top you’re welcome.

8 0

2 years ago

Help me please please help me

kifflom [539]

1: positive
2: negative
3: positive
4: negative
:)))

3 0

3 years ago

A. What is the explicit definition for this sequence?<br><br>b. How far does she run on day 19?

creativ13 [48]

Answer:

(a) $a_n=1+\frac{1}{6}(n-1)$

(b) 4 miles

Step-by-step explanation:

Given:

The sequence of run is an arithmetic sequence.

Miles traveled on day 1 = 1 mile

Miles traveled on day 7 = 2 miles

(a).

Explicit formula for an arithmetic sequence is given as:

$a_n=a_1+(n-1)d\\a_n\to n^{th}\ term\\a_1\to first\ term\\n\to number\ of\ terms\\d\to \textrm{common difference}$

Here, $a_1=1,a_7=2$

So,

$a_7=a_1+(7-1)d\\2=1+6d\\6d=2-1\\d=\frac{1}{6}$

Therefore, the explicit definition of the above sequence is given as:

$a_n=1+\frac{1}{6}(n-1)$

Where, $a_n$ is the miles covered on $n^{th}$ day.

(b)

In order to find the distance covered by her on day 19, we plug in 19 for n in the above formula. This gives,

$a_{19}=1+\frac{1}{6}(19-1)\\\\a_{19}=1+\frac{1}{6}(18)\\\\a_{19}=1+3=4\ mi$

Therefore, the number of miles covered by her on day 19 is 4 miles.

3 0

3 years ago

The system of equations

cupoosta [38]

Answer:

z = -12

Step-by-step explanation:

The given system of equations is:

xy/(x + y) = 1 ...........................(1)

xz/(x + z) = 2...........................(2)

yz/(y + z) = 3...........................(3)

From (1): x + y = xy

=> y = xy - x

y = x(y - 1)

x = y/(y - 1).......................................(4)

From (2): 2(x + z) = xz

=> 2x + 2z = xz

2x = xz - 2z

2x = z(x - 2)

z = 2x/(x - 2) ....................................(5)

From (3): 3(y + z) = yz

=> 3y + 3z = yz

3y = yz - 3z

3y = z(y - 3)

z = 3y/(y - 3)....................................(6)

Comparing (5) and (6)

2x/(x - 2) = 3y/(y - 3)

2x(y - 3) = 3y(x - 2)

2xy - 6x = 3xy - 6y

6(y - x) = xy .................................(7)

But from (1): xy = x + y

Using this in (7), we have

6(y - x) = x + y

6y - y - 6x - x = 0

5y - 7x = 0

5y = 7x

x = 5y/7................................................(8)

Using this in (4)

5y/7 = y/(y - 1)

1/(y - 1) = 5/7

(y - 1) = 7/5

y = 1 + 7/5

y = 12/5..........................................(9)

Using this in (8)

x = 5(12/5)/7 = 12/7 .......................(10)

Using (10) in (5)

z = 2x/(x - 2)

z = 2(12/7) ÷ (12/7 - 2)

= 24/7 ÷ -2/7

= 24/7 × (-7/2)

= -24/2 = -12

z = -12.

4 0

4 years ago