How long would it take for a deposit to double if the annual interest rate is 5%?
Show your work

Answers

Answer 1
Answer is 14.4 years

Step-by-step explanation:-

Given-

Annual interest rate = 5%

By using the rule of 72,

Rate x Time = 72

Rate = 5%

t = ?

So,

5 x t = 72

5t = 72

Isolate t by dividing both sides by 5 :-

→ 5t/5 = 72/5

→ t = 14.4 years

Hence, it will take 14.4 years for the deposit to double at 5% annual rate.

✍️ By Benjemin ☺️


Related Questions

PLEASE HELP THIS IS DUE TODAY AT 11:59 !!!
(b) Does each triangle have the same change in x-values? Explain.
(c) Does each triangle have the same change in y-values? Explain.
(d) Does each triangle have the same ratio of change in y-values over change in x-values? Explain.

Answers

Answer:

See Below

Step-by-step explanation:

Point A (0,0)

Point B (3,2)

Point C (9,6)

b. x values from A to B: 0 to 3

x values from B to C: 3 to 9

No, AB has a change of 3 and BC has a change of 6 in x

c. y values from A to B: 0 to 2

y values from B to C: 2 to 6

No, AB has a change of 2 and BC has a change of 4 in y

d. Calculate Slope: [tex]\frac{y{2}-y{1}}{x{2}-x{1}}[/tex]

AB (2-0/3-0) = 2/3

BC (6-2/9-3) = 4/6 = 2/3 simplified

Thus, AB has the same ratio of change as BC

Find the slope for
6y-10x=30

Answers

Answer:

the awnser is m= 5/3

Help someoneeeeeeeeeee

Answers

Answer:

Step-by-step explanation:

17²-8²=9²

9²=18

√18=9

>> Answer

_________

[tex] \: [/tex]

b² = c² - a²

b² = 17² - 8²

b² = 289 - 64

b² = 225

b = √225

b = 15

The table shows the colors of marbles on a bag what is the ratio of green marbes to the sum of red and yellow marbles in the bag​

Answers

Answer:

2:3

Step-by-step explanation:

WILL GIVE BRAINLIEST

Find the measure of 25 given angle 2 is 70 degrees.​

Answers

Answer:

The measure of angle 5 is 110

Step-by-step explanation:

1) 2 and 4 are a linear pair so subtract 70 from 180

2) 4 and 5 are alternate interior which means they are equal so the answer is 110

Charlie is shopping for a jacket that he likes. The jacket, regularly priced at $200, is on sale at Clothes Are Us for $150. Jacket World is offering a 25% discount on the same jacket that regularly sells for $190 at that store. Which statements are correct for this situation?
A) Jacket World's price is $150.00
B) Jacket World has the better deal.
C) Clothes Are Us has the better deal.
D) Both stores are offering a 25% discount on the jacket.
E) The difference in the sale prices at the two stores is $7.50.
List all that are correct

Answers

3 Answers:

Choice B) Jacket world has the better deal.

Choice D) Both stores are offering a 25% discount on the jacket.

Choice E) The difference in sale prices at the two stores is $7.50

===========================================================

Explanation:

25% = 0.25

25% of $190 = 0.25*190 = 47.50

190 - 47.50 = 142.5

This indicates the price at Jacket World is $142.5 instead of $150

Therefore, choice A is false.

---------------------

Choice B on the other hand is true because $142.50 at Jacket World is a lower price compared to $150 at Clothes Are Us. Jacket World has the better deal.

---------------------

Because choice B was shown to be true, there's no way choice C can be true as well. Otherwise, we'd have a contradiction. So we can rule out choice C.

---------------------

Let's find the percentage discount for Clothes Are Us.

The original price is $200 and its sale price is $150. So you save 200-150 = 50 dollars.

Divide that over the original price to find the discount: 50/200 = 0.25 = 25%

Therefore, Clothes Are Us has the same discount percentage as Jacket World. Both have a 25% discount. Choice D is true.

---------------------

Comparing the two sale prices of $150 (Clothes Are Us) and $142.50 (Jacket World), the difference in price is 150-142.50 = 7.50; this means choice E is a true statement.

PLEASEE HELP WILL MARK YOU BRAINLIEST

Answers

Answer:

= 7y+ 3 answer is here hope it hepls

Helppppppppppppppppppppppp

Answers

Answer:

B

Step-by-step explanation:

To solve this problem we need to use order of operations or GEMDAS

First the Groupings which is the ()

Next is the Exponents,

3^6 = 729

y^-5 = y^-5 (Since it is a variable there is really nothing we can do about it)

Next is the other set of () outside our fraction (the ^2)

(Note: We really shouldn't have solved the exponents but just have placed them there but I just wanted to show you how that would look like.)

(3^6)^2 = 3^12

(y^-5)^2 = y^10

Meaning, the answer would be B

Hope this helps (Make sure to check it though)

Answer:

Answer B is correct

Step-by-step explanation:

Before, solving this let us get to know some points.

⇒ [tex](a^{x}) ^{y} = a^{xy}[/tex]

⇒ [tex]a^{x} *a^{y} =a^{x+y}[/tex]

⇒ [tex]\frac{a^{x} }{a^{y} } =a^{x-y}[/tex]

⇒ [tex]a^{-x} =\frac{1}{a^{x} }[/tex]

⇒ [tex]\frac{1}{a^{-x} } =a^{x}[/tex]

Let us solve the question now.

( 3⁶ ÷ y⁻⁵)²

3⁽ ⁶ ˣ ² ⁾ ÷ y ⁽ ⁻⁵ ˣ ²⁾

3¹² ÷ y⁻¹⁰

3¹² ÷ [tex]\frac{1}{y^{-10} }[/tex]

3¹² × y¹⁰

Therefore, Answer B is correct.

Jan left her home to go on a bike ride. The graph describes her ride.

Where did Jan stop on the ride

Question 9 options:

A) AB
B) BC
C)CD
D) EF

Answers

Answer:

B) BC

Step-by-step explanation:

because im just right lol.


The answer is B cause the distance she traveled form B to C stayed the same

pls help me ty very much​

Answers

Answer:

i need help also

Step-by-step explanation:

Answer:

B, C, A

Step-by-step explanation:

I did this question before and I got it right.

The product of two numbers is 144 and their difference is 10 what are the numbers​

Answers

Answer:

26

Step-by-step explanation:

let the two numbers be X and Y

XY = 144

X - Y = 10

(X + Y)^2 = ( X - Y)^2 + 4 XY

= 100 + 576 = 676

(X+Y) = √676

X + Y = 26

In a game, a player has to guess a 3-digit code in an attempt to unlock a trunk containing a prize. If the digits are to be chosen from the integers between 0 and 9 and they can be repeated, what is the probability that the player guesses the correct code on the first try?

Answers

Answer:

I think it will be 3/9=1/3

The probability that the player guesses the correct code on the first try is 0.001 or 0.1%.

What is probability?

Probability means possibility. It deals with the occurrence of a random event. The value of probability can only be from 0 to 1. Its basic meaning is something is likely to happen. It is the ratio of the favorable event to the total number of events.

In a game, a player has to guess a 3-digit code in an attempt to unlock a trunk containing a prize.

If the digits are to be chosen from the integers between 0 and 9 and they can be repeated.

The total number of outcomes will be

Total outcomes = 10³ = 1000

The player guesses the correct code on the first try. Then the favorable event will be

Favorable event = 1

Then the probability will be

[tex]\rm P = \dfrac{1}{1000}\\\\P = 0.001\\\\P = 0.1 \%[/tex]

The probability that the player guesses the correct code on the first try is 0.001 or 0.1%.

More about the probability link is given below.

https://brainly.com/question/795909

F(X) = x^2 - 4. Translation 7 units to the left

Answers

Answer:

ok i think it this

Step-by-step explanation:

sorry i took long

Garden A and Garden B have yellow and white flowers.
Garden A has 125 white flowers and 200 yellow flowers.
Garden B has 46 white flowers more than garden A.
If the total number of flowers in the two gardens is 616, how
many yellow flowers does Garden B have?
yellow flowers

Answers

w:y
Garden A: 125:200
Garden B: 171:x

200+125+171=496
616-496=120
x=120 yellow floors in Garden B

Find the missing amount)
Original:_______
New: 260 gallons
%increase: 30%

(not multiple choice)

Answers

Answer: 182 gallons

find 30% of 260 by multiplying 260 by 30%

260 x .3 = 78

30% of 260 = 78

Subtract 78 from 260 to get original amount

260 - 78 = 182

Original is 182 gallons

ps. this is an actual impossible question because you need to know the original amount to find what 30% of it is. What i found was a 30% decrease of 260 not a 30% increase of the original. With that being said I think this is what you want?

Answer:

Original = 200 gallons

Step-by-step explanation:

Original: x

New: 260

Percent Increase: 30%

x = 100%

New = 100% + 30%

260 = 130%

To find, original we do:

260/130 * 100 =

2 * 100 = 200

-Chetan K

what is the volume of a block of iron that measures 2cm by 10cm by 3cm?

Answers

Answer:

this is the density d=7 5/6 9/cm3 but I might be 89/100cm3 or 0.89g/cm3


Help pls I’m stuck ;-;

Answers

Answer:

Seven is the answer to your question

d-7<12;d=19
solve for answer

Answers

Answer:

19 is the answer

Step-by-step explanation:

hope its correct

help me pls ASAP I need it in 5min helpppp

Answers

Answer:

Step-by-step explanation:

C

Kim bought x pairs of shoes for $45 each and y pairs of socks for $4 each. She spent $159 in all. Which equation represents this situation? A. 45 + x + 4 + y = 159 B. 45 + 4 + xy = 159 C. 45x + 4y = 159 D. 4x + 45y = 159

Answers

I believe it is C, because if you substitute in a number for x and y, you will get the amount spent.

Answer:

C

Step-by-step explanation:

The number of shoes times the cost plus the number of socks times the cost is equal to 159

Describe the graph of the line y = -5.

Answers

[tex]▪▪▪▪▪▪▪▪▪▪▪▪▪  {\huge\mathfrak{Answer}}▪▪▪▪▪▪▪▪▪▪▪▪▪▪[/tex]

The graph of line y = -5 is in Attachment, I hope it helps !

A town doubles its size every 30 years. If the population is currently 500, what will the population be in 120 years?

Answers

Answer:

2000 is it answer

i hope its right ✅

Hi,

This question is incomplete. What is the start year of counting?

What did i do wrong?

Answers

this is a rirangle urduxgsyududus

9x^(2)+y^(2)=18 find all the vertices

Answers

Answer:

I think its 12

Step-by-step explanation:

5 ×5=25 - 13=12

3 baguettes and 2 rolls=£3
1 baguettes and 4 rolls=£2
How much does each item cost on its own?

Answers

Answer:

baguettes are b = $0.80  

rolls are r =  $0.30

Step-by-step explanation:

1b + 4r = 2

3b + 2r = 3       step 1 when we need to balance and make one the same

6b + 4r = 6       step 2  when both equations must have 1 same value ie) 4r we take 2r and x2 to all values on that same equation.

6b + 4r = 6  

-

1b + 4r = 2         step 3 when both equations show add we subtract them

5b = 4

b = 4/5

b = 0.8          b = 0.8 =   4/5   step 4 when we find x we plug in for x in this case we found b and plug in for b

1(0.8) + 4r = 2

0.8 + 4r = 2

4r = 2 - 0.8

4r = 1.2

r   = 1.2 /4

r   =  0.3

Which expression represents the situation below?


Fourteen less than the product of seven and ten.


(My younger sister needs help, so if u could, thanks!)

Answers

Answer:

=14-(7*10)

Step-by-step explanation:

fourteen = 14 (base)

less = -

PRODUCT means multiplication

PRODUCT of seven and ten = 7*10

*Don't forget parenthesis

Answer= 14 - (7*10)

If 5 times a number is increased by 4 the result is at least 19

Answers

Answer:

x=3

Step-by-step explanation:

5x+4=19

-4       -4

5x = 15

(divide both by 5)

x=3

Takumi earns $8.50 per hour proofreading advertisements at a local newspaper. He works
no more than 5 hours a day. Write a function for his earnings.

Answers

He would make about $42.50 per day at work.

Given that ∠ ABD ≅∠ RQS and m DBC = 33, what is m ∠RQS?

Answers

Answer:

57°

Step-by-step explanation:

∠ ABD =∠ RQS , ∠DBC = 33°

∠ ABD = 90° - 33° = 57°

∠ RQS = 57°

What is the percent of increase from 3.7 to 5?
Round your answer to the nearest tenth of a percent and include a percent sign (%).

Answers

Answer 35.1%

5/3.7=1.3513
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