Jill invested $500 in an account with a compound interest rate of 6%. Cheryl invests $600 in an account with a compound interest rate of 4%.Find out in how many years each doubles her money. Using the rule of 72, es025-1.jpg, what is the difference in the number of years to double their money?

Answers

Answer 1
Answer:

Answer:

Jill doubles her money in 12 years.

Cheryl doubles her money in 18 years.

Difference = 6 years.

Step-by-step explanation:

We have been given that Jill invested $500 in an account with a compound interest rate of 6%. Cheryl invests $600 in an account with a compound interest rate of 4%.

Since the rule of 72 states that to find the number of years it will take an amount to double, we should divide 72 by the annual interest rate.

Let us find the time it will take to double Jill's money by dividing 72 by 6 as annual interest rate is 6%.

\text{Time it will take to double Jill's money}=(72)/(6)

\text{Time it will take to double Jill's money}=12

Therefore, it will take 12 years to double Jill's money.

Now we will divide 72 by 4 to find the time it will take to double Cheryl's money.

\text{Time it will take to double Cheryl's money}=(72)/(4)

\text{Time it will take to double Cheryl's money}=18

Therefore, it will take 18 years to  double Cheryl's money.

To find the difference in the number of years to double their money we will subtract 12 from 18.

\text{The difference in the number of years to double their money}=\text{18 years - 12 years}

\text{The difference in the number of years to double their money}=\text{6 years}

Therefore, the difference in the number of years to double their money is 6 years.

Answer 2
Answer: 72/6 = 12
72/4 = 18
18 - 12 = 6 ← the answer.

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Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Point Kis on line segment JL. Given JL = 10, KL = 4x, and JK = 2x,determine the numerical length of KL.

Answers

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Step-by-step explanation:

Answer:

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Step-by-step explanation:

Rick used 4-2-3 yards to sew 3-1-2 shirts what is the unit rate of cloth he used in terms of yards per shirt Mathematics 7th grade

Answers

If Rick used 4 2/3 yards of fabric to sew 3 1/2 shirts. The unit rate of cloth he used in terms of yards per shirt will be 4/3.

What is an arithmetic operation?

It is defined as the operation in which we do the addition of numbers, subtraction, multiplication, and division. It has basic four operators that are +, -, ×, and ÷.

It is given that, Rick used 4 2/3 yards of fabric to sew 3 1/2 shirts.

We'll apply division by Splitting into equal halves or groups, the division may be used to decide how to distribute a dish of cookies evenly among a group.

The unit rate of cloth he used in terms of yards per shirt is found by dividing the  3 1/2 shirts by 4 2/3 yards,

= 4 (2)/(3) / 3 (1)/(2) \n\n = (14)/(3) / (7)/(2) \n\n = (14)/(3) * (2)/(7) \n\n = (4)/(3)

Thus, if Rick used 4 2/3 yards of fabric to sew 3 1/2 shirts. The unit rate of cloth he used in terms of yards per shirt will be 4/3.

The question is incomplete

The complete question is"Rick used 4 2/3 yards of fabric to sew 3 1/2 shirts. What is the unit rate of cloth he used in terms of yards per shirt?"

Learn more about the arithmetic operation here:

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Simplify (3n – 2m)2 = ? a. 6n2 – 12mn – 4m2 b. 9n2 – 12mn – 4m2 c. 9n2 12mn 4m2 d. 9n2 – 12mn 4m2

Answers

If you would like to simplify (3n - 2m)^2, you can do this using the following steps:

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The correct result would be d. 9n^2 - 12nm + 4m^2.