Answer: 7.58 years
Step-by-step explanation:
When it comes to finding out how long it will take for an investment to double, one can use the Rule of 72.
The Rule of 72 estimates the amount of time it will take to double an investment when you divide 72 by the interest rate:
= 72 / r
= 72 / 9.5
= 7.58 years
Answer:
y = -x + 2
Step-by-step explanation:
Use the point-slope formula y - k = m(x -h):
y - [-1] = -1(x - 3), or
y + 1 = -x + 3, or
y = -x + 2
Answer:
Step-by-step explanation:
Zero
There is no solution for these equations as there is no even one point of intersection between them