1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elis [28]
1 year ago
11

Suppose your salary in 2012 is $70,000. Assuming an annual inflation rate of 7%, what salary do you need to earn in 2020 in orde

r to have the same purchasing power? (Round your answer to two decimal places.)
Physics
1 answer:
s2008m [1.1K]1 year ago
8 0

Annual salary(2012) = $70,000

Annual inflation = 7%

Therefore, the salary you need to earn in 2020 in order to have the same purchasing power can be calculated below

2020-2012=8\text{ years}FV=PV\times(1+r)^n

where

n = 8

r = 7/100 = 0.07

PV = 70, 000

\begin{gathered} FV=70,000(1+0.07)^8 \\ FV=70000(1.07)^8 \\ FV\text{ = 70000}\times1.71818617983 \\ FV=120273.032588 \\ FV=\text{  \$}120,273.03 \end{gathered}

The salary you need to earn in 2020 to have the same purchasing power = $120, 273.03

You might be interested in
If a girl is standing in front of a smooth surface from which a sound is reflected, the girl may hear
gavmur [86]
Near the surface of reflection, reflected wave may interfere with incident wave leading to production of constructive and as well as destructive interference. This in turn, can result to resonance as well as enhancement of the sound intensity as the waves of reflection adds to incident wave. Therefore, the girl would higher intensity of reflected waves as compared to incident waves.

Therefore, statement A is correct.
3 0
3 years ago
Read 2 more answers
Receiver
77julia77 [94]

Answer:

What is the best description for the volume of air volume of air provided in a high quality rescue breath?

Explanation:

A) only Enough air to create a visible rise of the chest.

B) Until you can no longer force air in.

C) plenty of air make sure it is adequate to sustain life

D) clear and obvious rise of the chest, sustained over a few seconds

5 0
3 years ago
A rock is lifted by a machine to a height of 10m. If it has a mass of 22 kilograms
zmey [24]

Answer:

2156J

Explanation:

Given parameters:

Height of lift  = 10m

Mass  = 22kg

Unknown:

Work done by the machine  = ?

Solution:

Work done is the force applied to move a body through a certain distance.

So;

        Work done  = Force x distance

Here;

       Work done  = mass x acceleration due to gravity x height

      Work done  = 22 x 9.8 x 10  = 2156J

5 0
3 years ago
Examine the images of the Grand Canyon below. Notice that most of the canyon consists of layers of sedimentary rocks, but if you
Tomtit [17]

Intense temperature and pressure of regional metamorphism

Explanation:

The process that cause the formation of the Vishnu Schist is the intense temperature and pressure as a result of regional metamorphism.

  • Regional metamorphism is an extensive metamorphism of an area as a result of temperature and pressure changes.
  • The schist is a foliated metamorphic rock usually found in areas of moderate to high grade temperature and pressure.
  • The Vishnu schist must have been metamorphosed before the new sediments were deposited on top.

Learn more:

Contact metamorphism brainly.com/question/1970623

#learnwithBrainly

7 0
3 years ago
A hammer is used to hit a nail into a board. Which statement is correct about the forces at play between the nail and the hammer
emmasim [6.3K]

Answer:

Hewo My Lovelys!!

Answer is down below!!

Explanation:

The answer is C) The nail exerts an equal force on the hammer in the opposite direction.

Reason: The Newtons third law states that there is an equal an opposite reaction for every action. When hammer pushes the nail, the nail will push the hammer back in opposite direction. When the hammer hits a nail then nail will exert the equal and opposite force to the hammer. These both objects will exert force on each other in opposite directions.

Hope this helps!! =3

Have a great day, evening, of night!! <3

~ XxGhostMosskitxX

5 0
2 years ago
Read 2 more answers
Other questions:
  • Which of the following would most likely utilize a particulate control device?
    7·2 answers
  • Which scientist was the first to put the sun at the center of the "universe"?
    5·1 answer
  • Comparing Wave A (black) to Wave B (green), Wave A has a
    6·2 answers
  • SOMEONE PLEASE HELP ME ASAP PLEASE!!!!!​
    14·2 answers
  • What does a wave carry?<br> go
    9·2 answers
  • In your research lab, a very thin, flat piece of glass with refractive index 2.30 and uniform thickness covers the opening of a
    14·1 answer
  • If you launch a projectile at an angle greater than 45 ° it’s horizontal range will not reach as far as if you had launched it a
    11·2 answers
  • The temperature decreases 5°C in one hour and then decreases another 3°C in the next hour. Does this fit the definition of weath
    11·1 answer
  • The oscillating electric field in a plane electromagnetic wave is given by <img src="https://tex.z-dn.net/?f=%7B50%5Csin%20%28%5
    8·1 answer
  • After watching the video below and based on your personal experiences, is there a difference
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!