The "rule of 72" says that the doubling time in years is approximately 72 divided by the interest rate in percent. To make the money grow by a factor of 4 requires that it double twice, so will take twice as long as the period to double once.
2×72/11.3 ≈ 12.7 . . . . years
_____
The "rule of 72" is an approximation. The actual quadrupling time for this interest rate and compounding is about 12.6 years. (The actual product of doubling time and nominal interest rate is about 71.25.)
Answer:
the probability that randomly selected applicants over 10 years of experience is 0.6791
Step-by-step explanation:
The computation of the probability that randomly selected applicants over 10 years of experience is as follows:
Total would be
= 187 have 10 + years experience
Now
P(graduate | 10+) = (graduate and 10+ years experience) ÷ (10 + years of experience)
= 127 ÷ 187
= 0.6791
Hence, the probability that randomly selected applicants over 10 years of experience is 0.6791
Answer:
12 trades
Step-by-step explanation:
Let's call 'x' the number of trades they will do.
After each trade, the number of cards Ian has increase by 1 (he gives 1 but receives 2), and the number of cards Jason has decrease by 1 (he receives 1 but gives 2), so after x trades, the number of cards Ian has is 20 + x, and Jason has 44 - x.
To find the number of trades when they will have the same amount of cards, we have that:
20 + x = 44 - x
2x = 24
x = 12 trades
Answer:
(a)r=15-b
11.9 Inches
(b)See attached
Step-by-step explanation:
Length of the candle =15 inch
Let b represent the burned length of the candle (in inches)
Let r represent the remaining length of the candle (in inches).
Therefore:
(a) r+b=15
r=15-b
When b=3,1 Inches
Remaining Length, r=15-3.1=11.9 Inches
(b)The graph showing te relationship between r and b is shown below.
r is plotted on the y-axis while b is plotted on the x-axis as labelled.
Convection in the <u>Mantle</u> helps move pieces of the lithosphere around.
