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:
y=3x-7
Step-by-step explanation:
lines are parallel hence gradient from the equation in question is the same as the gradient of the equation to be found.. comparing to y=mx+c, eq in question has grad 3... from the formula y-y1=m(x-x1) where (x1,y1) is equal to the point in question
85.25 would be one thenth of 8.524
Oh gosh i wish i knew how to do that what grade are u in cause i remember having that last year but dont remember.
Answer:
A is estimated to 110.11
Step-by-step explanation:
Area of a regular pentagon = pa/2
p= perimeter
a= the apothem
Calculate it from the side length: p= 5s