elyssafaith elyssafaith
  • 24-01-2022
  • Mathematics
contestada

1. What annual interest rate will cause your money to double in four years?

Respuesta :

estherobianke2021 estherobianke2021
  • 24-01-2022

Answer:

The rule also means if you want your money to double in 4 years, you need to find an investment that earns 18% per year compounded annually.

Step-by-step explanation:

Answer Link

Otras preguntas

While doing a lab, a student found the density of a piece of pure aluminum to be 2.85 g/cm3. The accepted value for the density of aluminum is 2.70 g/cm3. What
How do I prove that these are the vertices of an isosceles triangle: (-3,0), (0,4), (3,0)?
A professional basketball court is in the shape of rectangle. It is 50 feet wide and 84 feet long.A player runs one time around the edge of the court.How far do
A(n) _____ is the intersection of a solid and a plane
Why do you think a company like Nike chooses to have their shoes made in Vietnam or China? Is this a positive effect of globalization
A 100 kg bag of sand has a weight on 100 N. When dropped its acceleration is what?
How do you find the limit of #(sin(-2x)) / x# as x approaches 0?
20. Did the Watergate scandal have any lasting effects on the nation? Explain.
While making a journal entry, debits must _________ credits. a) Equal b) Be greater than c) Be less than
A bag contains serveral marbles. Some are red, some are white and some are blue. You count the marbles and find the theoretical probability of choosing a red ma