Solve the problem.How long will it take for prices in the economy to double at a 7% annual inflation rate? Round the answer to the nearest hundredth.

A. 16.24 years
B. 10.24 years
C. 9.01 years
D. 23.45 years


Answer: B

Mathematics

You might also like to view...

Solve the quadratic inequality if possible. Round your answer to the nearest tenth, if necessary.x2 - 8x > 9

A. approximately x < -1.0 or x > 9.0 B. All real numbers satisfy this inequality. C. No real number satisfies this inequality. D. approximately -1.0 < x < 9.0

Mathematics

Solve.A dairy produces  of milk each day. There are  in a gallon. How many gallons of milk are produced each day?

A. 575,000 gal B. 57,500 gal C. 920,000 gal D. 5,750 gal

Mathematics

Evaluate.

Mathematics

Solve the quadratic equation.x2 + 3x - 54 = 0

A. x = -9 or x =1 B. x = 9 or x = 6 C. x = 9 or x = -6 D. x = -9 or x = 6

Mathematics