BASEBALLGREAT04 BASEBALLGREAT04

22-04-2020
Mathematics

contestada

Using the rule of 72, how long will it take for the principal to double with an annual compound interest rate of 6%?
A. 6
B. 9
C. 12
D. 15

Respuesta :

iamathing iamathing

22-04-2020

Answer:

C. 12

Step-by-step explanation:

With the rule of 72, you would divide 72 by the periodic interest rate to get the number of years for the principal to double

72 ÷ 6 = 12

Answer Link

Otras preguntas

Holly drove 132 miles on 6 gallon of gas. How far can she travel on a full 20 gallon tank

How was the wooden marionette related to the wooden diving board?

Which factor trees correctly show the prime factors for 40?Choose all answers that are correct.a b or c

Why did shantytowns, disparagingly called hoovervilles over president hoover's perceived inaction, emerge across the nation?

X(1 + y) = z, solve for x Please help and show work!!

what is the slope of a line that goes through 0,0 and 5,-1

Sally receives $300 each month for sick pay from her employer for the three months she is on sick leave. what amount will she need to include as income on her t

Why was Grant able to keep fighting with loss after loss? He knew he would eventually win a battle. He moved his troops in retreat so he did not consider it

write a paragraph about any topic (maybe video games or a show you like) using a variety of sentence patterns and proper subordination. Use each of the sentenc

-4 1/2 divided by 1/4