1% of $3500 is $35
Double that means
2% is $70
So first year would be $3570
Now
1% of $3570 is $35.70
2% is $71.40
So second year would be
$3641.40
<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>
Answer:
The answer to your question is letter C.
Step-by-step explanation:
A. This option is wrong because that equation is of a horizontal parabola, an the graph shows a vertical parabola.
B. The same as letter A. This option is wrong because that equation is of a horizontal parabola, an the graph shows a vertical parabola.
C. This option is correct, is the equation of a vertical parabola and the negative indicates that it opens downward, as in the graph.
D. This option is incorrect because the equation is of a vertical parabola that opens upward.
Answer:
Step-by-step explanation:
We have the equation 
with the initial condition 
. It is not difficult to notice that this is a linear equation, which has the general expression
.
The solution of this equation is expressed by a general formula:
.
In the particular case of our equation, we have
.
Then, we must calculate the integrals
that implies
,
and
Then,
.
In order to obtain the value of the constant we substitute the initial condition
that implies 
Therefore,
.
Answer:
1. 7x + 2 3/5
2. 2x-6.3
3. 27t + 36b
4. 3.5a - 9.1p
5. 8(x+7)
6. 3(x+19)
7. y= -8.9
8. n = -18
Step-by-step explanation:
1. combine like terms
2. Keep change change then combine like terms
3. distribute
4. distribute
5. have 8 in common
6. have 3 in common
7. subtract 1.6 from -7.3
8. multiply both sides by -2/3
