The distance between -2 and -1 1/2 is 1/2:
-2+1/2=-1 1/2
-1 1/2 =-1 1/2
I was trying to show my work but hope this could help you
Answer:
They lose about 2.79% in purchasing power.
Step-by-step explanation:
Whenever you're dealing with purchasing power and inflation, you need to carefully define what the reference is for any changes you might be talking about. Here, we take <em>purchasing power at the beginning of the year</em> as the reference. Since we don't know when the 6% year occurred relative to the year in which the saving balance was $200,000, we choose to deal primarily with percentages, rather than dollar amounts.
Each day, the account value is multiplied by (1 + 0.03/365), so at the end of the year the value is multiplied by about
... (1 +0.03/365)^365 ≈ 1.03045326
Something that had a cost of 1 at the beginning of the year will have a cost of 1.06 at the end of the year. A savings account value of 1 at the beginning of the year would purchase one whole item. At the end of the year, the value of the savings account will purchase ...
... 1.03045326 / 1.06 ≈ 0.9721 . . . items
That is, the loss of purchasing power is about ...
... 1 - 0.9721 = 2.79%
_____
If the account value is $200,000 at the beginning of the year in question, then the purchasing power <em>normalized to what it was at the beginning of the year</em> is now $194,425.14, about $5,574.85 less.
Answer:
see explanation
Step-by-step explanation:
consecutive even integers have a difference of 2 between them
for example 2, 4, 6 are 3 consecutive even integers
In general if we let the first integer be k then the next 2 integers are
k + 2 and k + 4
the sum of these equals 4 times the first integer, that is 4k, hence
k + k + 2 + k + 4 = 4k
3k + 6 = 4k ( subtract 3k from both sides )
6 = k
the 3 consecutive integers are
k = 6
k + 2 = 6 + 2 = 8
k + 4 = 6 + 4 = 10
that is 6, 8 and 10
note that sum = 6 + 8 + 10 = 24
and 4 × 6 = 24
confirming the sum of the 3 integers equals 4 times the first integer
) = -3.3
