We solve the question as follows:
Simple interest=Principle×Rate×Time
Thus given:
p=$55000, R=2.5%, time= 1 year
thus
Interest=55000×0.025×1=$1375
To evaluate the amount required to keep up with the inflation, your interest rate should match the inflation rate otherwise prices are going up faster than the savings.
Required interest rate=55000×0.034×1=$1870
The buying power lost will be the difference between your required interest and actual interest.
Thus:
Buying power lost=1870-1375=$495
Answer:
I think the answer is 1335.88
Step-by-step explanation:
5.2% of 25,690 is 1335.88
Answer:
The thirteen number will be 16384.
Step-by-step explanation:
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creo que quieres decir la suma
si es la suma eso da 2.8