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Flauer [41]
2 years ago
9

Sandra has $500 in a savings account that earns 1% annual interest. She

Mathematics
1 answer:
sergey [27]2 years ago
3 0

The purchasing power of Sandra's savings according to the description above has decreased.

<h3>What happens to the purchasing power of Sandra's savings?</h3>

It follows from the task content that Sandra's savings attracted an annual interest rate of 1% while the inflation is 2% per annum. On this note, it follows that Sandra's savings purchasing power has reduced as the prices of commodities have gone up and the interest rate is unable to match it.

Read more on purchasing power;

brainly.com/question/14878357

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Step-by-step explanation:

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Jamal is helping pack prize bags for the school carnival. He has 73 pencils to put into 16 bags. He wants to put the same number
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Answer:

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Answer:

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