Mathematics, 07.10.2020 17:01 jackkie10
PLEAS HELP Miguel plans on retiring in 16 years, and he wants to double his money by that time. He's contacted various banks, looking for a CD that compounds interest monthly, and to calculate what annual interest rate he needs, he is using the Rule of 72.
Part I: What is the rule of 72? To represent the annual interest rate, use r.
Part II: What equation can Miguel set up to solve for the annual interest rate he needs to double his money by the time he retires?
Part III: What annual interest rate does Miguel need to double his money by the time he retires?
Answers: 2
Mathematics, 21.06.2019 19:00, alexreddin3127
15 points! write the slope-intercept form of the equation of the line through the given point with the given slope. use y-y = m(x-x) to solve. through (2,5) slope= undefined
Answers: 2
PLEAS HELP Miguel plans on retiring in 16 years, and he wants to double his money by that time. He's...