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:
is10 <em>wififklwldlfosos</em>
Answer
Length = 10 ft
Width = 5 ft
Explanation
Area of the rectangle given = 50 ft²
Let the width of the rectangle be x
So this means the length of the rectangle will be 3x - 5
What to find:
The dimensions of the rectangle.
Step-by-step solution:
Area of a rectangle = length x width
i.e A = L x W
Put A = 50, L = 3x - 5, W = x into the formula.
The quadratic equation can now be solve using factorization method:
Since the dimension can not be negative, hence the value of x will be = 5.
Therefore, the dimensions of the rectangle will be:
From.the calculated area and perimeter of the field, it will cost the farmer $475740 to fence and seed the pasture.
<h3>What is the area of the field?</h3>
The area of the field is calculated as follows:
Area of square = 450 ft × 450 ft = 202500 square feet
Area of triangle = (450 ft × 120 ft)/2 = 27000 square feet
Area of field = 229500 square feet
Cost of seeding the field = 229500 × $2 = $459000
Perimeter of the field = 450 + 450 + 450 + 255 + 255 = 1860 ft
1 ft = 1/3 yard
1860 ft = 1860 × 1/3 yards = 620 yards
Cost of fencing = 620 × $27 = $16740
Total cost of seeding and fencing = $475200
Therefore, it will cost the farmer $475740 to fence and seed the pasture.
Learn more about area and perimeter at: brainly.com/question/19819849
