3 years ago

Someone help I need help

1 answer:

3 0

Ronald originally had 160 dollars.

123.45 + 36.55 = 160. That means that he had 160 dollars.

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mario62 [17]

Answer:

Decreased

Step-by-step explanation:

-The rate of growth in food prices can be calculated using the compound interest formula as:

$A=P(1+i)^t\\\\1402=657(1+i)^{10}\\\\(1+i)=(\frac{1402}{657})^{0.1}\\\\1+i=1.07874\\\\i=0.07874$

We use the calculated growth rate in food prices to find the potential future value of a 90's income:

$A=P(1+i)^n\\\\=1518(1.07874)^{10}\\\\=3239.21$

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