Your interest formula is given to you.
<span>Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring) </span>
<span>Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100 </span>
<span>How much would you need to have made for your spending power to keep with inflation? Your interest rate would have needed to match the inflation rate, otherwise, prices are going up faster than you're saving. </span>
<span>Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782 </span>
<span>How much buying power did you lose? The difference between your required interest and your actual interest. </span>
<span>Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power. </span>
Answer:
6x-7+32/4x+2
Step-by-step explanation:
Divide using polynomial division
Answer:
0.714 free throws.
Step-by-step explanation:
Anna made 20 out of 28 free throws.
Free-throw average = 
= 0.7142857143 free throws.
This equals 0.714 free throws (answer rounded up to the nearest thousandths)
Here's the way to go:
<span>25 Euros $1.20
------------- * --------------- = number of American dollars equal to 25 Euros.
1 1 Euro
Cancel "Euro" in the 2 places where it occurs. The numeric outcome will be $30.</span>
Answer:
$6.21
Step-by-step explanation:
1 apple = $0.60
3 apples = $1.80 (Multiply 0.60 by 3)
2 bananas = $1.00 (Multiply 0.50 by 2)
1 quart of yoghurt = $4.50
Add the prices up first:
1.80 + 1.00 + 4.50 = $7.30
7.30 off 15% = $6.21
