Your interest formula is given to you.
<span>Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring) </span>
<span>Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100 </span>
<span>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. </span>
<span>Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782 </span>
<span>How much buying power did you lose? The difference between your required interest and your actual interest. </span>
<span>Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power. </span>
Answer:
D
Step-by-step explanation:
hope this helps
The slope is 1, you can see as it goes right one it goes up one, so the rise/ run would be 1
ANSWER: 1
Answer:
put formula a square minus b square
Answer:
y=3x+2
Step-by-step explanation:
dont put 0 because it dont make sense
if you put 0 n the equation, you will not will get the right equation
