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

Selena has $10. What is the greatest amount of spinach she can buy? Spinach is $3 per pound. How many pounds at mostc

PLEASE HELP!!! Jake cleaned up his room. He organized his toys into boxes. He put 7 toys in each of 3 bins.If t represents the total number of toys, write and

what number do you divide by 12 to get 9

Find the Surface area of a square prism with base edge 7m and height 15m

What is the slope of y = -1/5x - 4?

why do sidewalks have built in cracks every few feet

how did the Roman government maintain control over conquered territories?

root word of explanation and immovable

why did the US believe we should take the Mexican territory, especially California?

Jesse walked 3/4 of a mile this weekend. This week he walked 1/2 as far. How far did Jesse walk this weekend? A. 1/8 mile B. 1/4 mile C. 3/8 mile D. 1/2 mile