kaylasamuels02 kaylasamuels02

08-10-2020
Mathematics

contestada

What annual rate of interest is required to double an investment in 9 years

Respuesta :

collinarh9 collinarh9

08-10-2020

Answer:

8%

Step-by-step explanation:

If an investment scheme promises an 8% annual compounded rate of return, it will take approximately (72 / 8) = 9 years to double the invested money

Answer Link

Otras preguntas

Find the LCM of 8,9, and 12

determine whether the system of linear equations has one and only one solution, infinitely many solutions, or no solution. Find all solutions whenever they exis

What did the Egyptians call the area that we now call Sudan?

A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the pric

7 - 3 ( 5t - 10 ) = 67

What are the sides of the DNA ladder made of?

determine whether the system of linear equations has one and only one solution, infinitely many solutions, or no solution. Find all solutions whenever they exis

you hav designed a picture that is shaped as a square. the dimensions of your picture are 6x6in. you want to make it into a poster with dimensions 13x13in. the

Use the REMAINDER THEOREM to explain whether or not (x-2) is a factor of F(x)=x^4-2x^3+3x^2-10x+3

What did the Egyptians call the area that we now call Sudan?