Jala put $600 in an interest bearing account with a annual compound interest rate of 5%. jala determined that after seven years, she will have a total balance of $844.26. using the rule of 72, t+72/t how many more years will it be before jala’s $600 doubles in value? round to the nearest tenth.
3.3 years
7.4 years
10.3 years
14.4 years

c

Step-by-step explanation:

C

Step-by-step explanation:

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

the slope of the line is 60

one point on the line is (40,10)

step-by-step explanation:

in the equation outside the parenthesis the equation always tells you the slope. in this case it is 60.

in the parenthesis is also says 40 which is x because it is near the x and 10 is y because it is near y.