How many years will it take each situation to double its money? Situation A: Matthew invests $5,000 in an account with a compound interest rate of 12%. Situation B: Morgan invests $2,500 in an account with a compound interest rate of 8%. Situation C: Maysen invests $10,000 in an account with a compound interest rate of 4.5%. Whose money will double fastest?

Matthew's money will double fastest in 6 years.

Step-by-step explanation:

The complete question is

Answer the question for each scenario by applying the rule of 72. How many years will it take each situation to double its money? Situation A: Matthew invests $5,000 in an account with a compound interest rate of 12%. Situation B: Morgan invests $2,500 in an account with a compound interest rate of 8%. Situation C: Maysen invests $10,000 in an account with a compound interest rate of 4.5%. Whose money will double fastest?

we know that

The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed annual rate of interest. By dividing 72 by the annual rate of return.

so

Situation A: Matthew invests $5,000 in an account with a compound interest rate of 12%

Situation B: Morgan invests $2,500 in an account with a compound interest rate of 8%.

Situation C: Maysen invests $10,000 in an account with a compound interest rate of 4.5%

therefore

Matthew's money will double fastest in 6 years.

6 hours 48 min

step-by-step explanation:

68÷5=13.6

13.6×30=408min=6 hours 48 min.

hope to and hope that my answer is brainliest.(follow me )

37/3

step-by-step explanation:

step 1: simplify both sides of the equation.

7x+8(x+

1

4

)=3(6x−9)−8

7x+(8)(x)+(8)(

1

4

)=(3)(6x)+(3)(−9)+−8(distribute)

7x+8x+2=18x+−27+−8

(7x+8x)+(2)=(18x)+(−27+−8)(combine like terms)

15x+2=18x+−35

15x+2=18x−35

tep 2: subtract 18x from both sides.

15x+2−18x=18x−35−18x

−3x+2=−35

step 3: subtract 2 from both sides.

−3x+2−2=−35−2

−3x=−37

step 4: divide both sides by -3.

−3x

−3

=

−37

−3

x=

37

3