quelicristinacr699 quelicristinacr699
  • 03-09-2020
  • Business
contestada

With an inflation rate of 9 percent, prices would double in how many years?

Respuesta :

ewomazinoade ewomazinoade
  • 06-09-2020

Answer:

8 years

Explanation:

the rule of 72 calculates how long it takes for an amount to double given interest rate

72 / 9% = 8 years

Answer Link

Otras preguntas

Does every point lie in a quadrant?
Why was is difficult for the Arab people to form one nation?
Which of the kingdoms has the smallest number of known species
By the mid-1700s, the largest city in the colonies was (A) New York (B) Boston (C) Philadelphia (D) Charleston (E) Wilmington, Delaware
The height of a rectangular prism with a 20 cm by 12 cm base and a 30 cm diagonal.find the unknown dimension
What is the mean of 87, 93, 86, 90, and 84?
Determine whether the sequence coverage or diverges. If it converges, give the limit. 48, 8, 4/3, 2/9, ...
Which of the following can be considered fossils? a. a 1 billion year-old rock. b. a 1 billion year-old piece of amber. c. a 1 billion year-old piece of amber w
you measure or observe two events to occur at the same time one nearby and one further away. Which one did you actually see first?
5x+4y+100 in slope intercept form