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No. A hyperbola is formed when a plane slices a cone perpendicular to the bases.
u have to imagine it revolving... only this way it's possible to form a double cone with a right triangle.
If the interest rate was eight percent, it would take about 9 years to double your principle.
A double cone, or variants on the theme.
Circles, ellipses, parabolas, and hyperbolas are called conic sections because they can be obtained as a intersection of a plane with a double- napped circular cone. If the plane passes through vertex of the double-napped cone, then the intersection is a point, a pair of straight lines or a single line. These are called degenerate conic sections. Because they are sections of a cone or a cone shaped object.