Answer:
its B
Step-by-step explanation:
Your interest formula is given to you.
Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring)
Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100
How much would you need to have made for your spending power to keep with inflation? Your interest rate would have needed to match the inflation rate, otherwise prices are going up faster than you're saving.
Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782
How much buying power did you lose? The difference between your required interest and your actual interest.
Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power.
Hope that helped :)
I will draw a place value chart on paper than write the numbers
Its impossible to draw a trapezoid with just three right angles.
a trapezoid has 4 sides, which means all the angles inside the trapezoid must add up to 360 degrees.
if you have just 3 right angles (90x3), you already use up 270 degrees. Leaving you with just 90 degrees left, which is also a right angle. That means, there has to be four, if you have at least 3.
