Mathematics, 07.10.2020 17:01 carlyembry123pbhhbm

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: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:30, mimithurmond03

Question 5 spring semester final exam math evaluate

Answers: 2

continue

Mathematics, 21.06.2019 18:30, andrewblack033

In the following diagram it is given that dec, ab || dc, ad || eb, and ad is congruent to bc. a)why isn't abc a parallelogram even though it has a pair of parallel sides and a pair of congruent sides b)explain why be must be congruent to bc. further explain what type of triangle this makes triangle abc and what it tells you about angle 1 and angle 2c) finally why must angle 3 be congruent to angle 1? further, explain why we know that angle 3 is congruent to angle 2

Answers: 1

continue

Mathematics, 21.06.2019 20:50, xbeatdroperzx

Ms. ortiz sells tomatoes wholesale. the function p(x)=-80x^2+320x-10, graphed below, indicates how much profit she makes on a load of tomatoes if she makes on a load of tomatoes if she sells them for 4-x dollars per kilogram. what should ms. ortiz charge per kilogram of tomatoes to make on a load of tomatoes?

Answers: 2

continue

Mathematics, 21.06.2019 23:30, brendacauani12345

Which of the following statements would be sufficient to prove that parallelograms pqrs is a rectangle ?

Answers: 2

continue

You know the right answer?

PLEAS HELP Miguel plans on retiring in 16 years, and he wants to double his money by that time. He's...