Answer:
Inflation is the continuing reduction of the purchasing power or price level rise in a given time period.
Therefore, keeping money in a savings account that gives an interest rate that is lower than the inflation rate, in a period of high inflation will result in a reduction of the purchasing power of the amount of money plus interest in the savings account.
If the interest rate is 10%, the amount, A, in the account after a given time will be 1.1A
If the inflation rate is 15%, the value of the goods sold initially at A, will become 1.15A after the given period and the amount in the account will no longer be able to purchase the goods it was initially able to purchase, or the amount in the savings account will lose value
Step-by-step explanation:
Answer:
36 degrees
Step-by-step explanation:
angle 1 and 2 are the same
good luck!
Answer: 1110
Step-by-step explanation:
For an arithmetic progression, the nth term is gotten by using the formula:
= a + (n-1)d
Therefore,
7th term = a + 6d = 38 ..... equation i
12 term = a + 11d = 63 ...... equation ii
Subtract equation i from ii
(a + 6d) - (a + 11d) = 38 - 63
-5d = -25
d = 25/5
d = 5
Since d = 5
From a + 6d = 38
a = 38 - 6d
a = 38 - (6×5)
a = 38 - 30
a = 8
The sum of the first 20 terms will be:
= n/2[2a + (n-1)d]
= 20/2[(2×8) + (20-1)5]
= 10[16+(19 × 5)]
= 10(16+95)
= 10(111)
= 1110
3.
Let the points be A, B & C.
The three distinct segments are AB, BC & AC.
Answer:
i not a nctzen yet but i want to be!
Step-by-step explanation:
i am a multistan but there are just too many handsomeness in nct that i cant even keep track of
right now im just trying my best to learn some of their names which i cant even remember lol
