How does inflation relate to the rule of 72? How does saving money in an account with compound interest help protect you from inflation?

Answers

Answer 1

The rule of 72 is a formula used to measure the approximate time it will take for an investment to double. The word "approximate" should be highlighted, as it is not a 100% exact formula.

The formula used is to divide 72 between the interest rate paid by the investment. The result is the number of years in which the capital invested will double.

It is important to mention that at the interest rate or return on your investment you must subtract the inflation. For example, if the annual rate of return is 15%, and inflation is 5% per year, your net rate is 10%.

For example, if you have an investment of $ 10,000 in a mutual fund, which pays you 10% per year. If you calculate 72/10, you will see that your investment will double in 7.2 years.

Now, if there is an annual inflation of 2%, the calculation should be 72 / (10-2), with which the investment will double in 9 years.

Answer 2

Answer:

The Rule of 72 is also used to determine how long it takes for money to halve in value for a given rate of inflation. For example, if the rate of inflation is 4%, a command "years = 72/inflation" where the variable inflation is defined as "inflation = 4" gives 18 years.

Money in savings accounts will earn compound interest, where the interest is calculated based on the principal and all accumulated interest.

Explanation:


Related Questions

Suppose you were visiting the pyramid of a pharaoh. Write a journal entry as to what you would see.

Answers

Answer:

Ancient Egyptians were mummified when they died and the body preserved then wrapped up in linen. Pharaohs were mummified with amulets and jewels inside the linen wrappings and then buried in lots of coffins inside coffins to protect the body. Tutankhamen’s body was put inside a solid gold coffin with a gold death mask that showed the boy king’s face. This coffin was placed inside two elaborately painted wooden coffins, which fitted inside each other. Then it was placed inside a red quartz sarcophagus, to keep them safe. This was placed inside four gold shrines, each one bigger than the last. and one more thing,the muumies were not s a big thing or a role during those days.pharoah were one of the most important natives and was a pharaoh of symbols.

Explanation:

Hope this helps:)

what can you imply from the history regarding jim crows laws

Answers

Answer:

Jim Crow laws and Jim Crow state constitutional provisions mandated the segregation of public schools, public places, and public transportation, and the segregation of restrooms, restaurants, and drinking fountains between white and black people. The U.S. military was already segregated.

Explanation:

how long ago did the early man cross the bering land bridge into north america

Answers

Answer:

18,000 years ago.

Explanation:

during The Middle Passage what were enslaved africans considered? PLS HELPP!

Answers

Ships departed Europe for African markets with manufactured goods, which were traded for purchased or kidnapped Africans, who were transported across the Atlantic as slaves; the enslaved Africans were then sold or traded for raw materials, which would be transported back to Europe to complete the voyage. Hope this helps

is Geography to study the world?

Answers

yes

it is to study things about earth

Answer:

Geography is the study of places and the relationships between people and their environments. Geographers explore both the physical properties of Earth's surface and the human societies spread across it.

(Source: Google.com)

Explanation:

The study of the planet, places ,and other things

what helped spread christianity in A.D 697

Answers

Answer:

The spread of Christianity was made a lot easier by the efficiency of the Roman Empire, but its principles were sometimes misunderstood and membership of the sect could be dangerous. Although Jesus had died, his message had not. Word of his teachings spread to Jewish communities across the empire.

Explanation:

The spread of Christianity was made a lot easier by the efficiency of the Roman Empire, but its principles were sometimes misunderstood and membership of the sect could be dangerous. Although Jesus had died, his message had not. Word of his teachings spread to Jewish communities across the empire.

Answer:

Well Constructed Roads, Areas controlled by Romans were peaceful, They Spoke Latin and English so it was easy to communicate, Christianity had an attractive Message so people could be persuaded and It provided its followers with security.

Question 2 of 5
Which diagram best shows the relationship between social institutions and
culture?
O A.
Religious institutions
Shape ideas about work
and money in a culture
OB.
Government institutions
Pass laws that uphold
cultural values
O c.
Economic institutions
Influence the spiritual
beliefs
of a culture
OD
Family institutions
Prevent children from
experiencing cultural
change
PREVIOUS

Answers

Answer:

b

Explanation:

Explain the relationship between an individual and a society​

Answers

Answer:

The relation between individual and society is very close. Essentially, “society” is the regularities, customs and ground rules of antihuman behavior. ... Man is biologically and psychologically equipped to live in groups, in society. Society has become an essential condition for human life to arise and to continue.

Society does not exist without an individual, groups of individuals form and create a society

Hey,

Does anyone know any key people/leaders from Great Zimbabwe? If you do can you link me an article to it?

Thanks!

Answers

Answer:

please mark brainliest!

Explanation:

A German explorer, Karl Mauch, was first to arrive, in 1871. He befriended another German, Adam Render, who was living in the tribe of Chief Pika, a Karanga leader, and who led him to Great Zimbabwe

(i will leave the link in the comments :D)

A German explorer, Karl Mauch, was first to arrive, in 1871. He befriended another German, Adam Render, who was living in the tribe of Chief Pika, a Karanga leader, and who led him to Great Zimbabwe.

Why does Trans-Saharan trade fall out of style?

Answers

Answer:

Explanation:

El comercio transahariano se refiere al tráfico de mercancías a través del Sahara hasta alcanzar África Subsahariana desde la costa del Norte de África, Europa o el Levante. Si bien ha existido desde tiempos prehistóricos, el apogeo de esta ruta comercial se produjo entre los siglos VIII hasta el XVI.

what are the best classes to take in high school after gen psychology? (similar classes)

Answers

Answer:

developmental psychology, and abnormal psychology are typically good classes if you're interested in it.

\Explanation:

Answer:

it depends what field of psychology you wanna major in you might wanna start by taking general psychology classes in your local community college and or applying for general psychology at your university

Explanation:

Each of the following email messages is an example of a phishing scam. Read the features of a phishing email below. Then circle or highlight any examples of those features in each of the three messages. List the features in the blank spaces provided, and draw a line connecting each feature to the part of the email it relates to.

Answers

Hope this helps!!




Each of the following email messages is an example of a phishing scam. Read the features of a phishing email below. Then circle or highlight any examples of those features in each of the three messages. List the features in the blank spaces provided, and draw a line connecting each feature to the part of the email it relates to.

Why does the author included tales about Lynn's night owl at Lakeview restaurant in all American slurp A.To reveal the narrator‘s rejection of American culture B.To reveal the narrator‘s frustration with her parents rules C. To illustrate the narrators difficulties adapting to American culture D.To illustrate the narrative dislike of dining in public places

Answers

Answer:

C. To illustrate the narrators difficulties adapting to American culture

Explanation:

This question is about "The All-American Slurp" a short story that talks about a family of Chinese immigrants in America and the difficulties and adversities that this change of country has brought them. In addition to prejudice and xenophobia, the family had to adapt to cultural issues and have great difficulty in adapting to a culture as different as American culture. All of this made the immigration experience very difficult and challenging.

If the president of the U.S. is making an important speech at 6 p.m. in Washington, D.C., what time would people in Anchorage, Alaska, tune in to watch it live?
please help im so confuseddddd

Answers

i’m anchorage it would be 2:00pm

The increased laws placed on the American coonies divided the colonies further as many supported the British. True False

Answers

Answer:

False

Explanation:

plz mark me The Brainliest

In a 1766 petition to the governor and the General Assembly, Regulators asked for
More rights and an elected government
No taxes and more
Fair elections and government assistance
Free land and an appointed government

Answers

Answer:

Its c

Explanation:

Its c because They complained about the political, social, and economic injustices in the colony, They wanted government officials to be elected by majority vote, and they argued that there rights as English citizens were being violated.

Answer:

c

Explanation:

Finiere beste tiem a choices provided

Answers

The answer would be choice D. Nervous

What are D.K. Basu guidelines?

Will mark as brainliest to the best answer.(:
Please mention at least 3-4 points in the answer.​

Answers

Answer:

Hope it help you

Stayhomestaysafe

Plz mark my answer brainliest✍️✍️

Explanation:

Basu Guidelines are the specific requirements and procedures laid down by the Supreme Court of India for the police and other agencies to follow during the arrest, detention and interrogation of any person.

REAL NAME - SHRESTH DUBEY

Christians make up almost 45% of the population of Africa. Which African ethnic group is made up of both Protestants and Catholic Christians?

Answers

Answer:

It is the ashanti

Explanation:

The Ashanti ethnic group practices the Christian faith,which was brought to the region of Ghana during British colonial rule.

How did Ramses II influence Egyptian architecture? The obelisk was introduced to Egyptian monuments during his reign. Ramses II ordered the building of structures in the traditional style. Buildings under Ramses II were created to worship the sun god Aten. Temples created for old worship practices were destroyed under Ramses II.

Answers

Answer:

Temple structures were built on foundations of stone slabs,they arlso used the same materia to creat ther gods or statuse of them.

Explanation:

Ramses II influence Egyptian architecture as the Temples created for old worship practices were destroyed under Ramses II. Thus, option D is correct.

Who is architecture?

Architecture, as opposed to construction-related abilities, seems to be the discipline and practice of constructing while designing.  For brand-new contractors, and renovations, including housing developments, builders draft plans. The concept as well as the production process, to the construction-related skills.

Ramses II had an impact on various Egyptian architecture that was carved and made because he demolished many structures built for traditional devotion where people usally go to worship and to devote themselves towards the god.

Therefore, option D is the correct option.

Learn more about Architecture, here:

https://brainly.com/question/4219442

#SPJ2

the land sold under the Yazoo act later became
A:Part if the Louisiana Purchase
B:The states of florida of Missisipi and South Carolina
C:The states of Mississippi amd Alabama
D:Part of tge Texas Republic​

Answers

Answer:

Explanation:

C?

Answer:

c

Explanation:i just took the test.. now watch me be wrong lol

What serves as much of the dividing line between the British colonies and the French colonies?

Answers

The correct answer to this open question is the following.

You forgot to include the options of the question and the map for reference. However, doing some research, we can say the following.

What served as much of the dividing line between the British colonies and the French colonies was "The Appalachian Mountains served as most of the boundary."

We are talking about the North American territory in colonial America, 1700. In that time, Great Britain had colonized the East Coast of the territory to the Atlantic Ocean. The Appalachian Mountains served as most of the boundary. So the Western part of the territory .what later was known to the Louisiana territory- was controlled by the French. The Spanish crown also controlled some territories in that time, as was the case of the Florida Peninsula and the New Hispania.

Which component of weather results in stormy, cloudy weather?

Answers

Most weather maps show areas, labeled with an H, where the atmospheric pressure is relatively high, and areas labeled with an L where the atmospheric pressure is relatively low. The isobars around such areas are closed curves with the approximate shape of circles. High-pressure areas are places where the atmosphere is relatively thick. Winds blow outward from these areas, although in a spiraling way. As air leaves the high-pressure area, the remaining air sinks slowly downward to take its place

What he or she said above or below

what is meat by donor countries and agencies?​

Answers

Answer: A country that provides aid to a developing country

Answer:Los países con ingresos medios impulsan la demanda de carne

No hay duda de que los países más ricos comen mucha carne y los que tienen ingresos bajos comen poca.

Así ha sido durante 50 años o más. Entonces, ¿por qué colectivamente comemos mucha más carne?

Esto se debe, en gran parte, a un creciente grupo de países de ingresos medios.

Países como China y Brasil experimentaron un crecimiento económico significativo en las últimas décadas, y también un gran aumento en el consumo de carne.

Gráfico consumo de carne por países

En cambio, en Kenia el consumo de carne cambió poco desde 1960.

En contraste, el promedio de carne que se comía en China en los 60 era de 5 kg al año. A fines de los 80, la cifra había aumentado a 20 kg, y en las últimas décadas se ha triplicado a más de 60 kg.

Lo mismo sucedió en Brasil, donde el consumo de carne casi se duplicó desde los 90, y superó a casi todos los países occidentales en el proceso.

Pero en medio de esta tendencia hay una notable excepción: India.

¿Cuán cierto es que India, donde las vacas son sagradas, es un país de vegetarianos?

Si bien los ingresos promedio se triplicaron desde 1990, no pasó lo mismo con el consumo de carne.

Según una encuesta nacional, dos tercios de los indios comen al menos algo de carne. Esto desmentiría la extendida creencia de que la mayoría de los habitantes de India son vegetarianos.

No obstante, la cantidad de carne que se consume en la India sigue siendo poca. Con menos de 4 kg por persona, es la más baja del mundo. Es probable que esto se deba en parte a factores culturales como no comer ciertos tipos de carne por razones religiosas.

Explanation:

Why was the picture of the Boston Massacre an
example of Propaganda?

A. It wasn’t, it was an accurate account of what actually happened?

B. It was created in such a way to deliberately make the British Soldiers look bad and the colonists to look innocent.

C. It made the British look very good in standing up to bullies.

D. It helped British citizens in England support the colonists.



These colonists believed that Patriots were dangerous and many fled to Canada.

A. Loyalists

B. Patriots

C. Undecided




Answers

Answer:

Im not sure about the first question. Could be B or D

But im positive that the answer to the second question is A

Explanation:

5.
What is the link between resources and power?

Answers

Answer:

quien ve rapidos y furiosos es chevere miren todas sus peliculas

Explanation:

Population density refers to how many people live in a particular area. For example, if 10 people live in an area that is 2 miles square, then the area has a population density of 5 (10/2=5). Referring to the map above, which of the following statements is true?

Answers

Answer:

The most densely populated countries are in central Europe.

Explanation:

What activity had flourished so much in the Tang and Sung dynasties that it was required during civil service exams?

Answers

Answer:

The arts (including poetry)

Explanation:

The arts flourished during the Tang Dynasty. It was during this time that poetry became an integral part of the Chinese culture. Poetry was a required study for those who wished to pass the civil service exams.

Answer: writing poetry

Miguel is interested in voting in a local election that will choose new officials in his community. Which of the following issues would most likely be affected by his vote?
A.
whether a Supreme Court justice is nominated
B.
how the state budget is determined in the future
C.
what new laws will be discussed in the US Congress
D.
how money is spent on a new bus system in the city

Answers

Answer:

D

Explanation:

It is local also.

Answer:

D "how money is spent on a new bus system in the city"

Explanation:

Which one of the following lists are ALL renewable resources?

Answers

Answer:solar, wind, water, energy,

Explanation:

Other Questions
3/4 a - q = k, solve for a Sally is a world champion boxer. She got mad at Cathy and hit her, knowing she might die from being hit that hard. Cathy did not die and was instead knocked unconscious. While unconscious, Cathy threw up and choked to death (adapted from People v. Ginger, which was not about boxers).CAN SALLY BE CONVICTED FOR THE DEATH OF CATHY? The Persians continued to use many of the Mesopotamian inventions such asA weights and measuresB jewelry-makingC plows and paintD charcoal sketching What is the substance with which an enzyme interacts?proteinglucosecarbohydratesubstrate Which of the following is the number one cause of preventable death in the U.S.?A. The fluB. Heart diseaseC. AIDSD. Asthma La representacion algebraica de 8 menos que cinco veces un numero es What is an equation of the line that is parallel to the one shown and passes through (6, 5)? A. y=23x1 B. y=32x4 C. y=23x+1 D. y=32x+4 What is the difference between the legislative, executive, judicial branches? A Nike hoodie usually costs $60. The hoodie is on sale for 20% off. What is the sale price of the hoodie?A. $12B.$36C.$48D.$72 Imagine that you were going to write a memoir about your life. What would be the theme? The conflict? Which people from your life would fill each of the character types and why? Briefly outline which people in your life would fill each character role and why; explain what the theme of your life would be and depict what the conflict would be. Can someone help please? Ill cash app yall if yall know this quiz What condition occurs when tendons become inflamed?Select one:a. bursitisb. sore feetc. tendonitisd. varicose veins A childs toy arrow is launched horizontally from a bow at a speed of 8 m/s from a second story window 4 meters above the ground, and the sticks in a pile of sand. A. How far away is the pile of sand?B. What were the horizontal and vertical speeds of the arrow when it hits the sand? C. What angle does the arrow make with the ground when it sticks in the sand? How can I solve 7y + (-5y) How much energy must be absorbed by water with a mass of 0.5 kg in order to raise the temperature from 30c to 65C?Water has a specific heat of 4,190 j/kgC Find each angle?????????????? Quadrilateral PQRS is transformed by translating it 6 units to the right and then rotating it 90 clockwiseabout the origin. Which coordinate pairs represent vertices of P'Q'R'S' after these two transformations? if there ar 10 people in the bus and 5 get off and 40 more come in total people in the bus can be only 30 is the number people in bus more than toatal people or less Elizabeth and Christine both collect chinaware. Elizabeth has 5 1/6 sets of chinaware, and Christine has 3 2/3 sets of chinaware. How many sets of chinaware do they have together?A. 1 2/2B. 2 1/3C. 8 1/6 D. 8 5/6 A bird goes from a higher location to a lower location at arate of 3 meters per second.Which equation models the change in the bird's position at 120 seconds?