<span>If interest rates are at a level of 1% and expected inflation is 2%, it would be preferable to spend your money instead of saving it.
</span>Suppose<span> you have $100 and you save it in a savings account
that pays a 1% interest rate. After a year, you will have $101 in your
account.
During this period, if inflation runs 2%, you would have to
have $102 to make up for the impact of higher prices.
Since you will
only have $101 in your account, you have actually lost some purchasing
power.
If your savings don’t grow to reflect this rise in prices over
time, the effect will be as though you are actually losing money.
This means that if you have $100 which you can use to buy a TV set, and you saved the money instead is a savings account that pays 1% interest.
After 1 year, because of inflation of 2%, the TV set now costs $102 whereas the money in your bang account wil be $101.
Thus, you actually need to get an extra $1 from somewhere to fund the TV set you could have been able to buy a year ago.
</span>
<span>21,000*5
since it travels 21,000 per hour and there is five hours. it's just simple substitution.
105,000 is the correct answer.</span>
2(x+y)=24(x=rows and y=col)
x+y=12
now x could 1,2,3,4,5,6,7,8,9,10,11 and y could be 11,10,9,8,7,6,5,4,3,2,1 respectively
Answer:
Step-by-step explanation:
For this case we have this point given (5,-3) and we want to create an slope intercept formula given by:
And this equation needs to be parallel to y= 3x-1 so then the slope needs to be equal m =3 and then we can use the point given to find the intercept b like this:
And the formula for the slope would be given by:
Answer:
wait what the letter look weird ?
Step-by-step explanation: