Answer:
0.93
Step-by-step explanation:
u have to add them all and divide by 12. then u add all of them but the outlier and divide by 11. then u subtract.
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:

Step-by-step explanation:



Reducing 3 from numerator and denominator,

Answer:
1/4
25%
Step-by-step explanation:
Robert has 1/2 of the candy bar
If he gave his sister half, she has 1/2 x 1/2 = 1/4 of the candy bar
To convert 1/4 to percentage, multiply by 100
1/4 x 100 = 25%