subject
Mathematics, 02.04.2020 03:04 averyboy2015p9yqkn

QUESTION 1 of 10: The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed annual rate ol
interest. By dividing 72 by the annual rate of retum, investors obtain a rough estimate of how many years it will take for the initial
investment to duplicate itself. You want to double your initial investment of $5,000. You put your money in a high yield interest-bearing
account earning 6% per year. How long will it take to double your money?
a) 10 years
b) 12 years
C) 25 years
d) 33 years

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 19:10
What is the value of x when x + 7 = 21?
Answers: 2
question
Mathematics, 21.06.2019 19:30
The standard deviation for a set of data is 5.5. the mean is 265. what is the margin of error?
Answers: 3
question
Mathematics, 21.06.2019 20:20
One of every 20 customers reports poor customer service on your company’s customer satisfaction survey. you have just created a new process that should cut the number of poor customer service complaints in half. what percentage of customers would you expect to report poor service after this process is implemented? 1.) 5% 2.) 10% 3.) 2% 4.) 2.5%
Answers: 1
question
Mathematics, 21.06.2019 20:30
Venita is sewing new curtains. the table below shows the relationship between the number of stitches in a row and the length ofthe row.sewingnumber of stitches length (cm)51 131532024306what is the relationship between the number of stitches and the length? othe number of stitches istimes the length.o. the number of stitches is 3 times the length.
Answers: 2
You know the right answer?
QUESTION 1 of 10: The Rule of 72 is a simple way to determine how long an investment will take to do...
Questions
question
Mathematics, 25.08.2021 19:40
Questions on the website: 13722363